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Claimant, in its Reply, won't contest Respondent’s demonstration in Annex B for the Assertion of Protection which the starting selling price, last cost and various parameters of the YNG auction ended up in compliance with Russian regulation and consistent with Worldwide follow, and that the actions of Yukos and its management - in blocking the participation from the almost certainly bidders and resources of finance - had been liable for The reality that the price realized for that YNG shares, whilst higher than lots of pre-auction valuations, was not bigger nevertheless

six billion in taxes, fascination, and fines. The timing in the audits and pace with which the tax authorities instantly uncovered an alleged US$ 24.1 billion tax fraud are strong aid for that inference which the tax assessments - lawful or not under Russian legislation (and they were not) - ended up a pretext for eliminating Mr. Khodorkovsky whilst renationalizing all of Yukos’ oil and gas property.

Завершена надвижка пролета моста через Волгу на обходе Твери

Кроме того, реорганизуют пространство возле дворца царя Алексея Михайловича и Дьякова городища.

Desiring to make favourable circumstances for greater expenditure by investors of 1 Condition in the territory of one other Condition;

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Yukos was even now functioning as A prosperous oil business, with quite significant present output and tested petroleum reserves, and substantial revenues described in money statements geared up in accordance with Western accounting benchmarks;

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Denial of justice exists when there is a denial, unwarranted hold off or obstruction of access to courts, gross deficiency from the administration of judicial or remedial course of action, failure to supply Individuals ensures that are frequently thought of indispensable in the proper administration of justice, or simply a manifestly unjust judgment. An mistake of the national courtroom which would not make manifest injustice isn't a denial of justice. "

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It is possible to distil from these principles — or somewhat guidelines for assessing the tax and balancing the factors for and versus its expropriatory character — a process of presumptions (involving stress of evidence and legal persuasion). As ‘crimson flags' connect themselves to your tax measure, the load of evidence and legal persuasion is https://rosinvest.com over the taxing point out to point out that the evaluate is just not discriminatory, has respectable causes, and isn't meant to damage international investors and perform expropriation in legallycamouflaged means"

(4) The provisions of this text relative on the granting of Most Favoured Nations therapy shall not be construed to be able to oblige a person Contracting Party to increase on the traders of another Contracting Get together, https://rosinvest.com Choices or privileges resulting from:

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(b) Nor has the Russian Federation rebutted the proof the tax assessments were discriminatory, as the remedy of Yukos because of the Russian tax authorities was substantially distinctive from its cure https://rosinvest.com of other likewise situated Russian oil businesses.

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