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Dutch court upholds shareholder appeal in $50bn Yukos case

"The Appeals Court in The Hague decided today that a previous ruling in favour of the Russian Federation was incorr
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  • "The Appeals Court in The Hague decided today that a previous ruling in favour of the Russian Federation was incorrect".

"The Appeals Court in The Hague decided today that a previous ruling in favour of the Russian Federation was incorrect," the court said in a statement, adding an original $50 billion award by the Hague-based Permanent Court of Arbitration "is in force again".