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Law firms

Shearman & Sterling secures historic $50bn arbitration award in epic Yukos dispute

Tom Moore
Tom Moore · 28 July 2014 · 4 min read
A&O Shearman Baker Botts Cleary Gottlieb

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).

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