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Claimant, in its Reply, will not contest Respondent’s demonstration in Annex B towards the Assertion of Protection that the beginning price tag, last value and various parameters of the YNG auction have been in compliance with Russian legislation and in keeping with Intercontinental practice, and which the steps of Yukos and its management - in blocking the participation of the most certainly bidders and resources of finance - have been liable for the fact that the price realized for your YNG shares, whilst greater than a lot of pre-auction valuations, was not higher still

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

Rebgun as interim supervisor from the individual bankruptcy proceedings who immediately applied for and was granted an injunction to avoid Yukos from moving into into transactions over a particular threshold with no Mr Rebgun’s consent. In the process of proceedings right before a United States individual bankruptcy court docket and Dutch courts which the interim manager had instigated to stop Yukos from dealing in its foreign assets, Yukos properly negotiated a consent get that essential the, interim supervisor to post a management economical rehabilitation proposal creditors in advance on the scheduled creditors’ Assembly. The proposal shown Yukos was in a position to continue as being a worthwhile organization offered that Yukos could go on to problem the US$ eleven.five billion tax assessments which were being the subject of pending appeals. (¶¶l47 - 148 C-I)

"В целом завершить проект планируем в ближайшие три года. Его реализация позволит сохранить традиции "Коломенского", но вместе с тем сделает его комфортнее и уютнее для посетителей", — написал Собянин.

(one) Neither Contracting Occasion shall in its territory subject matter investments or returns of buyers of the opposite Contracting Celebration to treatment a lot less favourable than that which it accords to investments or returns of traders of any third Condition.

three.7 Regarding the Participation Agreements, what's the relevance of New York legislation as being the governing legislation, of Russian regulation and of Intercontinental legislation, specifically the IPPA, for the problems to generally be made the decision through the Tribunal inside the, existing circumstance?

These types of payment shall amount to the worth in the investment expropriated immediately ahead of the expropriation or impending expropriation turned general public know-how. The compensation shall be paid without the need of hold off, be freely transferable and shall incorporate curiosity at the normal professional fee. proven over a market foundation through the date of expropriation right until the date of payment,

222. As an First subject, a distinction must be drawn between Claimant’s correct and Claimant’s capacity to market the Yukos shares, The brief remedy to the 1st concern is the fact that Claimant didn't - and knew that it didn't - have the proper to sell the Yukos shares when the Participation Agreements remained in place. Why else would Claimant have purportedly paid out USS three.5 million in March 2007 to terminate the Participation Agreements if Claimant by now had the right to provide the shares? 223. It is actually in almost any occasion very clear like a lawful make any difference that the Participation Agreements conveyed a property desire in rem while in the Yukos shares to Elliott Global. Respondent’s demonstration that Big apple law would deal with the Participation Agreements as having transferred a assets curiosity while in the https://rosinvest.com Yukos shares to Elliott International stands unrebutted. Under the lengthy line of situations cited by Respondent, (at ¶25 R-II) the Participation Agreements effected a "accurate" sale with the Yukos shares these that, inside the party of Claimant’s insolvency, Elliott Worldwide - instead of Claimant’s individual bankruptcy estate - would've been entitled to get Yukos’ dividends also to exercising the legal rights of a shareholder, It follows being a make a difference of hornbook assets legislation that Claimant, owning bought the possession of your Yukos shares to Elliott Intercontinental, did not have the best to turn all-around and offer a similar shares to somebody else. 224. At the hearing, Claimant for The 1st time suggested that a Ny court docket wouldn't examine into the Participation Agreements a prohibition on Claimant’s proper to offer the Yukos shares. This argument is meritless. Inasmuch since the Participation Agreements previously conveyed Everything on the economic curiosity inside the Yukos shares to Elliott Global, there was no will need for that Participation Agreements to deliver that Claimant couldn't promote the identical shares a next time. Simply to state Claimant’s argument is always to refute it. 225. Respondent clarified for the Listening to that a bona fide purchaser (for price) from Claimant could have acquired great title to the Yukos shares, While Claimant wasn't the legal or financial operator with the shares. This attainable consequence would not, on the other hand, say nearly anything about Claimant’s legal rights as an operator of your shares, but rather solutions to New York legislation’s solicitude with the legal rights of an innocent purchaser and want to market a liquid trading industry in securities, untrammeled by defects within an upstream vendor’s title. This is evident from the fact that, below Ny legislation, even a fantastic religion purchaser for benefit from the thief can get title.

Он подчеркнул, что новый проект благоустройства разрабатывали так, чтобы решить накопившиеся проблемы и при этом сохранить уникальность этого места.

Госдума надеется на ускорение и удешевление инфраструктурных строек благодаря закону об ОПИ

Незаконное выделение земли под точечную застройку пресекли во Владивостоке

50. The Respondent to start with contends that Claimant wasn't deprived of the entire or substantial price of its financial investment as the YNG auction "transpired lengthy prior to Claimant obtained an economic fascination from the Yukos shares, in March 2007, and prolonged ahead of the United kingdom-Soviet Little bit could are getting to be applicable to Claimant plus the Yukos shares.

"Специалисты комплекса городского хозяйства зафиксировали снижение объема талых вод, приходящих в водохранилища с водосборной территории. Это означает, что пик половодья ...

215. Post 5 of your IPPA guards "investments of investors of either Contracting Celebration." As said in EnCana v. Ecuador, "for there to are an expropriation of the financial investment [...J the legal rights afflicted ought to exist under the law which generates them." (pp. 33-34, RM-116) 216. Neither normal Intercontinental legislation nor the IPPA results in assets legal rights. The legal rights associated with the Yukos shares which can be secured underneath the IPPA https://rosinvest.com are in its place produced by the legal guidelines of Russia, Yukos’ spot of incorporation. Russian legislation as a result determines the existence and scope in the rights associated with the Yukos shares. 217. Russian non-public Global law permits the get-togethers to your agreement to pick the law that should govern their contractual legal rights and responsibilities. Because New York legislation is definitely the legislation picked by Elliott Global and Claimant to control the Participation Agreements, Big apple law establishes Claimant’s related rights and duties. 218. The legal rights connected with the Yukos shares produced under Russian and Ny law are safeguarded underneath the IPPA only When they are an "asset" of the United kingdom Trader for uses of Post one(a), i.e., "a thing of value" to the UK investor. In a minimum, Claimant must present that under the legal situation produced by Russian and Ny legislation it "would suffer economic loss In case the property were harmed and wrecked." (Azurix v. Argentina, RLA-181) 219. The history demonstrates that Claimant was under no circumstances the lawful proprietor on the Yukos shares at problem, transferred the economic fascination from the Yukos shares to Elliott Intercontinental even prior to it obtained the shares, and will not have experienced any problems from an expropriation of your Yukos shares. Concern 3.eight 220. Bearing in mind the language, context and governing legislation on the Participation Agreements, was it permissible for Claimant to promote the Yukos shares without the consent of Elliott, and irrespective thereof In the event the Claimant would certainly have sold them, what would've been the lawful penalties for the problems relevant in the present scenario?