Yukos files for bankruptcy protection
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The embattled Russian oil company Yukos has filed for bankruptcy protection in the United States to prevent the auction of its main asset Yuganskeneftegaz, the Interfax reported on Wednesday.
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Deutsche Bank wants a US Bankruptcy Court in Houston to dismiss the filing of Russian oil giant Yukos for lack of jurisdiction, contending the company has no American presence beyond
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Yukos' main shareholder files a legal complaint to prevent Russia selling off the embattled oil giant's key unit,  reports say.
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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 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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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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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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Russian oil and gas company Yukos has suffered another setback in its battle to avoid paying billions of dollars in back taxes and avoid bankruptcy.
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The Board of Directors of YUKOS Oil Company will call an emergency shareholders meeting to consider whether the company should file for bankruptcy or be liquidated, YUKOS Chief Executive Officer Stephen Theede told reporters on Wednesday.
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The floundering Russian oil giant Yukos filed for Chapter 11 bankruptcy protection in Houston Wednesday in an effort to stop the Russian government from selling its core production unit at an auction this weekend. Analysts predicted the move would have no real impact on the planned sale.
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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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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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The Russian oil giant files for bankruptcy protection in the US to try to stop the sale of its main production arm.
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A representative of embattled Russian oil company Yukos said Wednesday the company has launched bankruptcy proceedings under US law in a Houston court.
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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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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 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.