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2004-12-15 Caucasus/Russia/Central Asia
Yukos oil company files for bankruptcy
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Posted by Dar 2004-12-15 15:57|| || Front Page|| [2 views since 2007-05-07]  Top

#1 That's fascinating. Some how I expect the government of Russia to object to the jurisdiction of the U. S. Bankruptcy Court. Also, based on direct experience, I would say the Bankruptcy Court is the most corrupt court in the Federal judiciary. Yukos must think they've bought themselves an oil judge. And they may be right.
Posted by Mrs. Davis 2004-12-15 4:09:55 PM||   2004-12-15 4:09:55 PM|| Front Page Top

#2 It's meaningless. Yukos is finished. Majority govt-owned Gazprom is Putin's vehicle for pushing a geopolitical strategy based on energy exports, and Gazprom will swallow up Yukos' assets. Now's a good time to sell any Russian holdings.
Posted by lex 2004-12-15 4:35:33 PM||   2004-12-15 4:35:33 PM|| Front Page Top

#3 Investment Banker Chris Weafer's one of the shrewdest analysts in Moscow. His take on what's happening: http://www.themoscowtimes.com/stories/2004/12/15/006.html
Posted by lex 2004-12-15 4:36:53 PM||   2004-12-15 4:36:53 PM|| Front Page Top

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