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European Court: Russia Must Pay Yukos Shareholders 1.9 Billion Euros

Europe's top human rights court awarded shareholders in Yukos 1.9 billion euros [$2.6 billion] in damages on Thursday, a new blow to Russia days after some of the former oil company's shareholders won $50 billion in The Hague. The Strasbourg-based court found that Russia had failed to “strike a fair balance” in its treatment of Yukos, once run by former oligarch Mikhail Khodorkovsky, and had forced the company to pay excessive fees. While the 1.9 billion euros awarded by the...

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