Shearman & Sterling secures historic $50bn arbitration award in epic Yukos dispute Tom Moore28 July 2014 Russia has been ordered to pay $50.08bn to the majority shareholders in Yukos Oil Company, once Russia’s largest oil producer, by an arbitral tribunal sitting in The Hague under the auspices of the Permanent Court of Arbitration (PCA).Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this category‘The energy capital of the world’ – why the global and US elite are betting on HoustonThe Slaughters standard: what makes a top quality partner?Kirkland, Simpson Thacher and Latham top LSEG PE rankings as partners look ahead to 2026Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London movesFive partners vie to succeed Hoyland as Simmons managing partner‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryFormer Freshfields senior partner among recipients in New Year Honours ListKramer Levin’s Paris office joins Morgan Lewis amid HSF merger dealHogan Lovells joins top firms in £3.6bn Royal Mail takeover as UK govt approves bid