Yukos Files for Bankruptcy in U.S.
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The Yukos oil company has filed for bankruptcy in the United States and appealed for a temporary restraining order against the auction of its main production unit that is scheduled for Sunday - dramatically challenging the Russian government to enter arbitration proceedings.
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A Russian court declares oil firm Yukos bankrupt, ending a three-year court battle for its survival.
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Embattled Russian oil giant Yukos made a last-ditch legal bid Wednesday to halt the looming auction of its core production unit after filing for bankruptcy protection in a U.S. court.
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Russian oil company Yukos, with shares near all-time lows and its bosses in exile, warned last night it is being driven toward bankruptcy.
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Deutsche Bank filed a motion with a Houston federal court Tuesday afternoon to dismiss Yukos â claim for bankruptcy protection. The investment firm said the Russian oil giant had tried to âartificially
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The core shareholder group of the Russian oil company Yukos has launched legal proceedings against the Kremlin under the international energy charter and says it will sue the company that wins its main production unit at auction next month, in a last
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MOSCOW : The Russian government aims to bankrupt oil giant Yukos and seize its main assets for the state, its chairman Viktor Gerashchenko said in a newspaper interview published.
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The crisis-hit Russian oil company Yukos sought refuge in a United States bankruptcy court yesterday, telling the presiding judge it had no recourse within Russia&#39;s judicial system.
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In an eleventh-hour move, the Yukos oil company has filed for bankruptcy in a United States Court and is demanding the cancellation of an auction of its main production unit slated for Sunday.
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The Yukos oil company has filed for bankruptcy in the United States and appealed for a temporary restraining order against the auction of its main production unit that is scheduled for Sunday &#151; dramatically challenging the Russian government to enter arbitration proceedings.
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Oil major YUKOS will hold a shareholders meeting on Dec. 20 to decide whether to file for bankruptcy or liquidate the firm after it was hit with huge new
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Russian oil giant Yukos yesterday increased the stakes in its battle with the Kremlin when it filed for bankruptcy in the United States in an unusual move possibly intended to pitch Washington against Moscow.
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Yukos, the Russian oil group, might file for bankruptcy in the next few days unless the Russian authorities reduce the pressure they have been applying, its chief financial officer Bruce Misamore said in an interview with the Financial Times.
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Shareholders in Yukos are considering liquidation or filing for bankruptcy, after deciding against a rescue plan for the embattled Russian oil firm.
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MOSCOW  - Oil giant Yukos will not file for bankruptcy despite its dire financial situation and an increasingly desperate fight with tax authorities over a nearly &#36;7-billion-US back tax bill, the company's chairman said in a newspaper interview.
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Description: Russian oil company Yukos files for bankruptcy protection in a US court in an attempt to prevent the Russian government from auctioning off the company&#39;s main asset.
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Russian oil major YUKOS said on Wednesday it had filed for bankruptcy protection in a US court and would seek an order from the court to halt the Dec. 19 sale by the Russian state of its main oil unit.