Yukos makes plea to US court in bid to avoid sale
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By Andrew Osborn in Moscow and Katherine Griffiths in New York. Yukos emitted what appeared to be its final death rattle yesterday, filing for Chapter 11 bankruptcy in the United States just four days before
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Russia is set to go ahead with a sale of the main production asset of Yukos, the countryâs embattled oil company, despite an injunction issued late yesterday by a US court.
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Russian natural gas monopoly Gazprom  GAZPq.L on Saturday filed an appeal in U.S. district court  seeking to overturn a bankruptcy judge's order temporarily  blocking the auction of oil giant YUKOS' YUKO.RTS main  production subsidiary.
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HOUSTON - Gazprom, the Russian state-controlled natural-gas giant, yesterday appealed a US bankruptcy judge&#39;s order that granted oil giant Yukos a temporary injunction halting the auction of its key production subsidiary.
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Russian natural gas monopoly Gazprom  GAZPq.L on Saturday filed an appeal in U.S. district court  seeking to overturn a bankruptcy judge's temporary restraining  order blocking the auction of Yukos' YUKO.RTS main oil  producing subsidiary, planned for Sunday.
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Russian oil major YUKOS said on  Wednesday it had filed for bankruptcy protection in a U.S.  court and would seek an order from the court to halt the Dec.  19 sale by the Russian state of its main oil unit.
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A U.S. bankruptcy court is likely to revoke its temporary ban on the sale of Russian oil group YUKOS's main production unit, lawyers said on Friday.
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Embattled Russian oil group YUKOS should  hear later on Thursday whether a U.S. bankruptcy court will  attempt to hold up the sale of its main production unit this  weekend, but lawyers and analysts expect Moscow will go ahead  anyway.
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Russia said on Friday it would go ahead and sell Yuganskneftegaz, the main oil production unit of YUKOS, despite a US bankruptcy court order seeking to block Sunday&#39;s auction for 10 days.
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MOSCOW - Russia said on Friday it would go ahead with an auction to sell the key asset of embattled oil company Yukos despite a US bankruptcy court decision to block it for several days.
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MOSCOW - Embattled Russian oil giant Yukos filed for bankruptcy protection in a US court in a last-ditch bid to avert auction of its core production unit.
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A U.S. bankruptcy court on Thursday  stepped into the ongoing battle between YUKOS YUKO.RTS and the  Russian government, issuing an order to block the impending  auction of the company's main oil-producing arm.
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Yukos&#39; main shareholder has filed a legal complaint to prevent the Russian government selling off the oil giant&#39;s main production unit, reports say.
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The embattled Russian oil group Yukos has filed for bankruptcy in the US and appealed for a temporary injunction preventing the forced sale of its main production unit, it was announced today.
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MOSCOW: Embattled Russian oil major Yukos should hear later today whether a United States bankruptcy court will back its last-ditch attempt to halt the sale due on Sunday of its main production unit.
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Embattled Russian oil giant Yukos has filed for bankruptcy protection in a US court in an attempt to prevent the forced sale of its main production arm.
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Russia said on Friday it would go ahead  with an auction to sell the key asset of embattled oil company  YUKOS despite a U.S. bankruptcy court decision to block it for  several days.