If you are interested in politics, business or law then the Yukos ECHR case is fascinating reading. The Yukos Affair has become one of the most involved and high profile cases to reach the European Courts of Human Rights (ECHR).
What is Yukos?
Yukos is one of the great business success stories of modern times. Yukos went from a struggling state-owned business that was in danger of collapse, to an internationally successful private company, in less than a decade.
* This was thanks to an injection of investment, skills and new technologies, which revolutionised the company from the ground up.
* A huge amount of hard work and strategic planning went into saving Yukos. The company was literally being run into the ground under state ownership due to a lack of management, funding and investment.
* Ultimately, Yukos went on to become highly profitable, and achieved a place in the Financial Times ‘ Top Ten Companies for Shareholder Confidence’ in just over 7 years.
However, this success did not last, and Yukos now finds itself fighting for justice. The story of Yukos ECHR is of interest to investors, entrepreneurs and anyone involved in politics all around the world.
Yukos ECHR Case
The Yukos ECHR proceedings began after the Russian government decided to expropriate the company.
* The Russian government started a campaign of destruction for the company using bogus tax reassessments, sham bankruptcy proceedings and rigged auctions.
* The Russian government effectively crippled the financial resources of Yukos. This meant that the company were unable to access their assets and meet financial commitments.
* This forced the company to sell their most important asset (the oil production centre at Yuganskneftegaz) and eventually forced them into a sham bankruptcy.
* However Yukos fought back against this campaign to destroy the company. Historic legal cases were started in the Netherlands, the USA and more.
* Proceedings were also started in the Yukos ECHR.
If you are interested in politics, business or law then the Yukos ECHR case is fascinating reading. The Yukos Affair has become one of the most involved and high profile cases to reach the European Courts of Human Rights (ECHR).
What is Yukos?
Yukos is one of the great business success stories of modern times. Yukos went from a struggling state-owned business that was in danger of collapse, to an internationally successful private company, in less than a decade.
* This was thanks to an injection of investment, skills and new technologies, which revolutionised the company from the ground up.
* A huge amount of hard work and strategic planning went into saving Yukos. The company was literally being run into the ground under state ownership due to a lack of management, funding and investment.
* Ultimately, Yukos went on to become highly profitable, and achieved a place in the Financial Times ‘ Top Ten Companies for Shareholder Confidence’ in just over 7 years.
However, this success did not last, and Yukos now finds itself fighting for justice. The story of Yukos ECHR is of interest to investors, entrepreneurs and anyone involved in politics all around the world.
Yukos ECHR Case
The Yukos ECHR proceedings began after the Russian government decided to expropriate the company.
* The Russian government started a campaign of destruction for the company using bogus tax reassessments, sham bankruptcy proceedings and rigged auctions.
* The Russian government effectively crippled the financial resources of Yukos. This meant that the company were unable to access their assets and meet financial commitments.
* This forced the company to sell their most important asset (the oil production centre at Yuganskneftegaz) and eventually forced them into a sham bankruptcy.
* However Yukos fought back against this campaign to destroy the company. Historic legal cases were started in the Netherlands, the USA and more.
* Proceedings were also started in the Yukos ECHR.
For all the latest yukos echr information visit the website today. Find out more about Yukos ECHR here.
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