A Dutch appeals court has ruled that Russia knowingly forced the oil major Yukos into bankruptcy by demanding it pay massive tax bills, the latest development in a drawn-out battle over the now-defunct firm’s assets.
The ruling by the Amsterdam Appeals Court on May 9 said that Dutch law could not recognize the 2006 bankruptcy of Yukos, which was broken up after its owner, tycoon-turned-Kremlin critic Mikhail Khodorkovsky, was imprisoned on charges he called politically motivated.
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