 PAPER CHASE NEWSBURST |  
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| Serious law. Primary sources. Global perspective. |
BREAKING NEWS ~ Russia auctions Yukos production arm, defying US bankruptcy order Bernard Hibbitts at 10:30 AM ET [JURIST] AP is reporting that the Russian government Sunday auctioned the core production unit of oil giant Yukos to Russian group Baikalfinansgroup for $9.3 billion in defiance of a US bankruptcy court injunction issued Thursday and upheld on appeal from potential Russian auction bidder Gazprom late Saturday. AP has more on the Saturday appeal here. Link | 
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