YUKOS Files for US Bankruptcy
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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.
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Oil giant Yukos files for bankruptcy protection in the US to try to stop the Kremlin auctioning its main assets.
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Embattled Russian oil giant Yukos has launched bankruptcy proceedings in a Houston, Texas court, the company has said. Claire Davidson, a spokeswoman for the company in London, did
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OAO Yukos, once Russia' biggest oil company, was declared bankrupt Tuesday after a three-year campaign by government tax authorities that critics called a politically motivated campaign against Yukos' founder.
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MOSCOW Russia&#39;s foreign minister says the US bankruptcy case involving the embattled Yukos oil company should be settled according to Russian law.
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China&#39;s state-owned oil conglomerate has filed a lawsuit seeking compensation from troubled Russian oil company Yukos for failing to fulfill its export contracts, state media said.
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Washington - US bankruptcy law, invoked by Russian oil group Yukos on Wednesday, allows a company in financial difficulties to continue functioning while it seeks an agreement with creditors.
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Russian oil giant Yukos files for bankruptcy protection in the US in a last ditch effort to stop the Kremlin auctioning its main production unit.
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YUKOS oil company announced December 15 it has filed for bankruptcy protection today. Please see the company&#39;s statement below.
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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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A Russian court declares oil firm Yukos bankrupt, ending a three-year court battle for its survival.
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Russian oil major YUKOS has filed for  bankruptcy protection in a U.S. court and will seek an  injunction to stop Russia from auctioning off its main  production unit on Dec. 19, it said on Wednesday.
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Russian oil major YUKOS has filed for bankruptcy protection in a US court and will seek an injunction to stop Russia from auctioning off its main production unit on Dec. 19, it said on Wednesday.
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German investment bank Deutsche Bank challenged the right of Yukos to claim bankruptcy protection under US law. It will place adverts and in a court filing on Tuesday it said the oil giant has few Texas ties
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Yukos attorneys told a US bankruptcy judge that they will seek $20 billion in damages from the company or companies that bought its Siberian chief asset Yuganskneftegaz at an auction over the weekend, Agence France-Presse reported.
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OAO Yukos Oil Co., Russia&#39;s second- largest oil producer, said it filed for Chapter 11 bankruptcy protection in the US and asked for an emergency court hearing to stop the sale of its main unit in four days.
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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.