The US law firm Covington & Burling LLP has sent a demand letter to the Russian Federation on behalf of a Spanish client seeking to recover the value of its investment in Yukos from the Russian Federation. The law firm said in a statement that the demand letter states that Yukos has been taken from its owners by the Russian Federation without payment of any compensation. The demand letter was sent pursuant to the bilateral investment treaty between Spain and the Russian Federation, in which the ...

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