Rosneft announced of settling all disputes with Yukos
Rosneft and a number of its affiliates have signed agreement on the settlement of disputes with the companies of Yukos group and controlling them physical bodies, Rosneft reports.
In conformity with the conditions of the agreements the parties reject all the mutual claims and terminate all the existing court proceedings and other disputes as well as undertake not to make any claims against each other in future referring the bankruptcy and liquidation of Yukos. The agreement doesn’t presuppose any monetary or other payments from Rosneft or its affiliates.
On March 31st the parties completed the deal and signed all the necessary documents on the cancellation of all the court proceedings in the Netherlands, UK, Russia,, USA and other jurisdictions.