Yukos seeks US bankruptcy refuge
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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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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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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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The embattled Yukos oil company has filed for bankruptcy in the United States and appealed for a temporary restraining order and injunction against the auction of its main production unit that is scheduled for Sunday.
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Yukos can succeed in postponing the auction of Yuganskneftegaz on December 19 if the court rules in its favor in the case where the Russian oil giant seeks US Chapter 11 bankruptcy protection.
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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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Russia&#39;s Yukos oil company has filed for bankruptcy in a Houston court to halt a Kremlin-driven liquidation of the nation&#39;s biggest crude oil producer.
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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'  main production subsidiary.
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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 auction by the Russian state of its main production unit.
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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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Yukos is making a last-ditch attempt to use the US courts to preserve some kind of future for itself. But its adventure as Russia&#39;s biggest private sector company - an
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Russian oil company Yukos, possibly making its last stand to prevent Russia from selling its main production unit in a tax dispute, asked a US bankruptcy judge Thursday to block a scheduled auction of the unit.
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Russia&#39;s embattled oil giant Yukos raised the white flag and said it would seek &quot;liquidation or bankruptcy&quot; after the forced government sale of its key oilfield next month, the company said yesterday.
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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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Russian oil giant Yukos has filed for bankruptcy protection in the United States, hoping to keep Russian authorities from auctioning off its main production subsidiary.
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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.
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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.