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Ukrainian American Bar Association

Belgium Seizes Russian State Assets In Yukos Lawsuit

23 Jun 2015 9:40 AM | Myroslaw Smorodsky (Administrator)

Belgium Seizes Russian State Assets In Yukos Lawsuit

Russian media reports say Belgian authorities have made moved to seize Russian government assets in connection with a $1.8 billion lawsuit filed by former shareholders of the now-defunct Russian oil firm Yukos.

Belgian court bailiffs notified dozens of companies and nongovernmental organizations on June 17 that the government was freezing any Russian state assets in their possession, as well as any debts they may owe to the Russian government. RFERL

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