BREAKING NEWS ~ US judge tosses Yukos bankruptcy case

[JURIST] A US judge on Thursday dismissed the bankruptcy case of Russian oil giant Yukos, saying that the matter should be decided in a forum allowing for involvement by the Russian government. Yukos claims that it was the victim of a Russian government-orchestrated plot to destroy it, and the company has been trying to bring the dispute into US courts for the past two months . The motion to dismiss [JURIST report] had been filed by Deutsche Bank [corporate website], which claimed that Yukos had forum-shopped for a friendly jurisdiction. Yukos maintains a website related to its Chapter 11 case. Reuters has more.

 

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