Dutch Supreme Court overturns decision to pay over $ 50 billion to former Yukos shareholders

This was reported on the official website of the court.

“The Supreme Court overturned the final decision of the Court of Appeal, as well as the previous decision of the court.

The Supreme Court upheld one of the grounds for the appeal of the Russian Federation.

The case was referred to the Amsterdam Court of Appeal for a new decision on this basis, ”the document says.

Last year, the Hague Court of Appeal upheld a 2014 arbitration award that ordered Russia to pay more than $ 50 billion in compensation to the oil company's shareholders.

Earlier, the ex-structure of the Yukos group, Yukos Capital Sarl, said that the international arbitration court awarded her compensation in the amount of $ 5 billion in a dispute with Russia.