Biggest economic court case ever.
Earlier this month, an arbitration court at The Hague decided that when the Russian government said the oil company Yukos owed $27 billion in unpaid taxes and then broke the company up and auctioned it off, they did this to eliminate oligarch Michail Chodorowskij’s political challenge to Vladimir Putin and to benefit state-controlled companies, such as Rosneft.
The arbitration court awarded Yukos shareholders $51.6 billion (plus $64 million in attorneys’ and court fees).
Prior to this, the biggest award to investors in arbitration was $2.5 billion.
(Dare GRISS ta VEE OUGHT shofts prote sess dare YAY molls geff IRRED VOOR da.)