Yukos shields itself with US bankruptcy law
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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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OAO Yukos Oil Co., Russia&#39;s second- largest oil producer, said it sought Chapter 11 bankruptcy protection in the US and requested an emergency court hearing to stop the government&#39;s auction of its biggest unit.
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Over the years Russia&#39;s embattled oil company Yukos has morphed into a respected corporate citizen of the world and is seeking bankruptcy protection in the United States on the
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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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MOSCOW  - In an eleventh-hour move, the Yukos oil company has filed for bankruptcy in a United States Court and is demanding the cancellation of this weekend's auction of its main production unit.
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Russian oil firm Yukos' battle for survival is set to rumble on after a US judge sets the date for a bankruptcy hearing.
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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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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 oil company said it had filed for bankruptcy and reorganization in a United States Court, under Chapter 11 of the US Bankruptcy Code.
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MOSCOW, Russia -- Embattled Russian oil giant Yukos is set to learn if a US bankruptcy court will try to block the sale of its main production unit this weekend.
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Yukos, the embattled Russian oil company, has filed for bankruptcy protection in an American court in an attempt to halt the sale of its Yuganskneftegas oil unit.
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OAO Yukos Oil Co., Russia&#39;s second- largest oil producer, said it sought Chapter 11 bankruptcy protection in the US and requested an emergency court hearing to stop the Russian government&#39;s auction of its biggest unit.
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By Christopher Hope, Business Correspondent (Filed: 30/12/2004). Deutsche Bank, the German banking giant, yesterday said it has filed a motion with a US court to dismiss a claim for bankruptcy protection by Russian oil giant Yukos.
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Yesterday morning YUKOS filed an application in a bankruptcy court in Houston, Texas for restructuring according to American laws.
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MOSCOW The Russian oil producer Yukos sought bankruptcy protection in the United States on Wednesday and requested an emergency court hearing to stop the Russian government&#39;s auction of its largest production unit.
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Russian oil group YUKOS has filed for bankruptcy protection in a US court in an attempt to stop the Russian government from auctioning off its main production unit on Dec.
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Russian oil group YUKOS has filed for  bankruptcy protection in a U.S. court in an attempt to stop  Russia's government from auctioning off its main production  unit on Dec. 19, it said on Wednesday.