Court to Consider Yukos' Plea on Tax Bill
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A Russian court on Tuesday was to consider the beleaguered Yukos oil company's appeal to suspend government efforts to collect &#36;3.4 billion in back taxes &#151; a massive bill that has put Russia's largest oil producer on the verge of ruin.
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OAO Yukos Oil Co., Russia&#39;s biggest oil exporter, will ask shareholders to consider declaring bankruptcy to protect assets from government demands for $14 billion in back taxes, more than the company&#39;s market value.
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Russia pressed ahead on Friday with the  last step in the destruction of oil major YUKOS, saying it will  auction its main Siberian unit on Dec. 19 for $8.65 billion and  hit it with a new tax claim.
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MOSCOW : Russia&#39;s justice ministry announced plans to sell a part of the Yukos oil giant to cover the company&#39;s outstanding back taxes.
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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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MOSCOW -- Russian oil company Yukos suffered a fresh setback yesterday in its survival struggle against multibillion-dollar tax bills when one of its appeals was thrown out and another adjourned by a Moscow court.
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Lawyers for the embattled Yukos oil giant requested a new judge Monday as Russia's Tax Ministry sought to enforce &#36;1.4 billion in fines and penalties on a &#36;4.1 billion back tax bill for 2001 through the courts.
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A U.S. bankruptcy judge will hear  arguments on Thursday in Russian oil company Yukos' YUKO.MM  request to stop the impending auction of its main production  unit.
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The sale of the embattled Yukos oil giant's main production unit, Yuganskneftegaz, could settle the company's outstanding back-tax bill, Russian newspapers quoted a top economic adviser to Russian President Vladimir Putin as saying in their Thursday editions.
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MOSCOW  - Prosecutors tightened the screws on Yukos on Monday, calling in the oil giant's top in-house lawyer for questioning after searching his office and apartment on the same day the company challenged a freeze on its subsidiaries' bank accounts.
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Lawyers for the embattled Yukos oil giant requested a new judge Monday as Russia&#39;s Tax Ministry sought to enforce $1.4 billion in fines and penalties on a $4.
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Russia's Federal Property Fund said on  Friday it intended to go ahead with an auction of oil major  YUKOS' main unit Yuganskneftegaz despite a U.S. court decision  to freeze the state-imposed sale.
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LONDON Yukos, battling to avert bankruptcy, said on Wednesday that the Russian government might be considering ways to settle a $7.
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WASHINGTON  - Lawyers for the Russian oil giant Yukos made their first appearance in a US court, as the company made a last-ditch effort to avert a weekend auction of its major asset.
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The Russian government plans to push through a partial sale of oil giant Yukos in order to cover the firm's tax bill, it is reported.
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Oil giant Yukos has its tax bill for 2001 upped by Russia's tax ministry, a move that may push it closer to bankruptcy.
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NEW YORK/HOUSTON  - Russian oil company YUKOS will  go before a U.S. bankruptcy judge on Thursday, seeking to keep  alive its claims to the empire now dismantled by Moscow in the  ongoing tax dispute there.