YUKOS to trap the Russian Federation

[lovuian]

http://english.pravda.ru/main/18/89/355/14945_YUKOS.html

Hearings concerning the well-known "YUKOS v Russian Federation" case will soon be resumed in Houston, TX.

This time YUKOS attorneys will have to defend their rights to file the action in American courthouse. Apparently, this isn't an easy task. At first sight, the company doesn't seem to have many ties in Houston. Experts warn however that YUKOS could have prepared a trap for Russia. The trap is the company entitled YUKOS USA Inc., which has been registered in Houston, TX; some YUKOS top-managers refer to the latter as the official subsidiary of the Russian oil company. PRAVDA.RU conducted its own investigation attempting to contact YUKOS chief in Texas.

Houston has gained its reputation after the establishment of the Space Center. Today, the city hosts another kind of control center. Russian oil company YUKOS has chosen Houston as its crisis management center. Currently, an entire managerial team headed by Steven Tidy and YUKOS chief financial officer Bruce Misamore is located in Houston. In the meantime, in Houston"s bankruptcy court Judge Leticia Clark resumes hearing of the case "YUKOS v Russian Federation".

Up until now, the court has been favoring YUKOS: Judge Clark has temporary suspended all operations regarding the arrest of all YUKOS assets. This however didn"t prevent Russian authorities from auctioning of the main oil-producing company of YUKOS - "Yuganskneftegas." However, the decision of the American court affected the company's ability to acquire credit from syndicates of Western banks for such large sum of money.

In its previous reports Pravda.Ru has informed its readers of several foreign banks: ABN AMRO, BNP Paribas, Calyon, Deutsche Bank, Dresdner Kleinwort Wasserstein (DrKW) and J.P. Morgan, which have been putting together a credit for Russian buyer of "Yuganskneftegas" in the sum of 10 billion Euro. For western banks this appears to be a favorable deal indeed. However, the Houston court's verdict has disrupted the possibility of offering the credit legally. US authorities were fully entitled to arrest American actives of banks-creditors for offering their financial help to the buyer of "Yuganskneftegas
more...

Bush & friends aren't easily letting go of Yukos!!!

[keopeli]

1. kick

[UL_Approved]

2. The quiet indicators

I've been following this for a while, and it just gets terribly tied to Bush.

This is a simple exercise in national security.

Russia sees the handwriting on the wall. They know that the U.S. is trying to grab all of the oil in the world. They know that the U.S. wants total and absolute world domination.

Sounds far-fetched? Well, ask yourself why this is happening at all, with the Russian government stepping in like this. Consider that this is happening when Iran is getting major gas and oil deals going with Russia and China.

The world is bunkering down. They see us as a bunch of thieves and conquistadors. They want national security for their nations, and are willing to go a long way to get it.

Now, the dollar slide is the real issue looming on the horizon...

And indeed: :kick:

[Wilms]

4. Couldn't agree more. OK, I can.

Add to the list our presence in the -istans north of Afghanistan.

And what Putin's up to with nuclear weapons.


They wanted another cold war? They got it.

[applegrove]

3. Russia - Russia - if you have oil - the neocons will get you!!

Russia - Russia - if you have oil - the neocons will get you!! Abort! Abort! Abort! Lie about the reserves. Pretend you don't know how to make drills.

Give them what they want!!!

[TheLastMohican]

5. Putin will sure let the Shrub smell the nuke

if the neocons will weasel this deal. Forget it, the party is over and Yukos is not going to ChevronTexaco, but instead it is going to "Rosneft" which deals mainly with chinese. Tough shit it is to live in multi-polar world, get used to it Shrubie.