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The Respondent’s arguments to the contrary rely upon legal authorities from the sector of diplomatic protection, not bilateral investment treaties. [ ] established that Rosneft, as the successor in fascination to YNG, experienced breached its obligation to repay certain bank loan agreements in between YNG plus the offshore Yukos entity. The Russian courts had annulled the awards, though the Amsterdam Courtroom of Charm enforced them, expressly rejecting the argument which the financial loan agreements ended up Portion of an illegal tax composition put in position via the Yukos team.

Ситуация с паводком в Самарской области стабилизируется к концу недели - МЧС

(two) The formalistic interpretations on the tax law employed by the tax authorities to disregard individual lawful entities and deny Yukos refunds of VAT on oil actually and undisputedly exported were being Similarly inconsistent with proven Russian tax law and previous practice, as interpreted from the Constitutional Court, (specially Maggs Ip. forty eight)

"В связи с повышением средних температур воздуха специалисты ПАО "МОЭК" перевели систему теплоснабжения на минимальные параметры по температуре и циркуляции. В настоящее ...

(a) Claimant may perhaps submit new documents in rebuttal to the new paperwork handed out by Respondent, with its Closing Statement with the hearing; and

Doc Request; Claimants to commence rolling production of documents in reaction to requests not objected to.

Крыша двухэтажного дома загорелась в центре Ростова-на-Дону

222. As an Original matter, a difference must be drawn between Claimant’s correct and Claimant’s power to offer the Yukos shares, The small reply to the 1st problem is always that Claimant didn't - and understood that it didn't - have the proper to sell the Yukos shares although the Participation Agreements remained set up. Why else would Claimant have purportedly paid out USS three.5 million in March 2007 to terminate the Participation Agreements if Claimant previously had the best to promote the shares? 223. It truly is in almost any function distinct being a lawful make a difference the Participation Agreements conveyed a house curiosity in rem within the Yukos shares to Elliott Intercontinental. Respondent’s demonstration that The big apple regulation would take care of the Participation Agreements as obtaining transferred a home interest from the Yukos shares to Elliott International stands unrebutted. Beneath the lengthy line of conditions cited by Respondent, (at ¶25 R-II) the Participation Agreements effected a "true" sale with the Yukos shares this kind of that, in the party of Claimant’s insolvency, Elliott Intercontinental - rather than Claimant’s bankruptcy estate - might have been entitled to acquire Yukos’ dividends also to workout the legal rights of a shareholder, It follows being a make a difference of hornbook house regulation that Claimant, having sold the ownership in the Yukos shares to Elliott Global, did not have the appropriate to turn close to and sell precisely the same shares to someone else. 224. For the Listening to, Claimant for The 1st time advised that a The big apple court docket wouldn't browse in to the Participation Agreements a prohibition on Claimant’s appropriate to sell the Yukos shares. This argument is meritless. Inasmuch since the Participation Agreements now conveyed the entirety of the financial interest while in the Yukos shares to Elliott Global, there was no will need for the Participation Agreements to provide that Claimant could not market the same shares a next time. Basically to state Claimant’s argument would be to refute it. 225. Respondent clarified at the hearing that a bona fide purchaser (for value) from Claimant might have obtained superior title to your Yukos shares, While Claimant wasn't the legal or financial proprietor of the shares. This achievable consequence won't, on the other hand, say anything about Claimant’s legal rights being an proprietor from the shares, but as an alternative solutions to The big apple legislation’s solicitude to the rights of the innocent purchaser and wish to promote a liquid buying and selling market in securities, untrammeled by defects within an upstream vendor’s title. This is evident from The point that, below Big apple legislation, even a good faith purchaser for price from the thief can receive title.

"Процесс потепления нарушил условия сохранения устойчивости мерзлотных грунтов, что создает серьезные риски для сохранения устойчивости зданий и сооружений (...). ...

As a result, the Fee does not propose accomplishing small business with this entity, both individuals purporting to https://rosinvest.com stand for this broker on social websites As well as in private messages on common https://rosinvest.com messaging applications. Offered this information and facts, Rosinvest is going to be put on the Financial Fee’s Warning List.

The existing proceedings also illustrate a few other characteristic characteristics of the Elliott Team "financial investment."

four. In its Assertion of Protection, the Russian Federation attempts to dismiss RosInvestCo’s assert to be a dispute about tax enforcement arid an unproven "conspiracy concept" which is "completely implausible. " It really is neither. It's a declare for expropriation based on the documented steps from the Russian Federation.

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Even though the Respondent’s threats can have authorized Claimant to https://rosinvest.com obtain its Yukos shares in a frustrated cost, the worth of its investment decision is adequately determined by calculating Claimant’s proportionate share of The web asset price of Yukos. In case the measures taken through the Respondent in opposition to Yukos just after Claimant acquired its shares were illegal, as Claimant has shown, Individuals steps deprived Claimant of the full price of its expenditure-US$ 232.seven million as of your date of the final individual bankruptcy auction, fifteen August 2007.

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