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Jailed ex-CEO says Yukos "destroyed" by Russian aunction sale
In a statement circulated Monday, jailed former Yukos Oil CEO Mikhail Khodorkovsky said that the auction sale of Yukos' main Yuganskneftegaz production arm to little-known Baikal Finance Group Sunday had "destroyed" the company and had (More)
Yukos files for US bankruptcy protection to stop Russian sell-off
Russian oil giant Yukos, currently caught up in a titanic financial struggle with the Russian government over the payment of back taxes (see a Yukos release on the tax claims here) while its imprisoned former CEO Mikhail Khodorkovsky is on trial for (More)
Corporations & securities brief ~ SEC investigates Analog Devices
In Wednesday's corporations and securities law news, the SEC is investigating Analog Devices Inc. over stock option awards given to officers and directors over the past five years. The Boston Business Journal has more.In other news, the SEC has (More)
Yukos CEO to remain in jail
Mikhail Khodorkovsky, the former CEO of the Russian oil company Yukos, will remain in jail until February 14, the Moscow City Court ruled on Wednesday, rejecting an appeal from Khodorkovsky's legal team. Khordorkovsky will be tried on charges of (More)
Corporations & securities brief ~ AIG nears settlement with SEC, DOJ
In Tuesday's corporations and securities law news, American International Group Inc. (AIG) announced it has submitted a settlement offer to the SEC and reached an agreement with the Department of Justice over an investigation into the financial (More)
Corporations & securities brief ~ Oracle likely to win PeopleSoft takeover bid
In Friday's corporations and securities law news, Oracle will win its hostile takeover fight for PeopleSoft because it has support from a majority of PeopleSoft shareholders, according to sources close to the situation. The battle is nonetheles (More)
Corporations & securities brief ~ Enron closes major asset, finalizes bankruptcy
In Thursday's corporations and securities law news, Enron Corp. has closed the $2 billion sale of its interest in three natural gas pipelines to CCE Holdings LLC, a joint venture of Southern Union Co. and GE Commercial Finance Energy Financial S (More)
Russian authorities arrest Yukos manager, demand more back taxes
Russian authorities Thursday arrested a manager at a key subsidiary of Yukos on charges of embezzling $766,000 which was disguised as charitable contributions. Also today, the Prosecutor General's office announced the issuance of an internation (More)
Swiss prosecutor's office investigated over secrecy breach in Yukos case
The Swiss government announced Monday that a special prosecutor has been appointed to determine whether government officials in the Swiss Federal Prosecutor's Office leaked secret information that aided Russia's legal campaign against Yukos, (More)
Corporations & securities brief ~ NASD charges H&R Block with fraud over Enron bonds
In Monday's corporations and securities law news, securities regulator National Association of Securities Dealers (NASD) has announced that it has brought charges against H&R Block Inc. for fraudulently promoting Enron Corp. bonds to custome (More)