Yukos Ruling Shows Arbitral Awards Aren't Carved In Stone
By Caroline Simson ( April 20, 2016, 11:03 PM EDT) -- A Dutch court's Wednesday decision to cancel more than $50 billion in arbitral awards issued to former Yukos Oil Co. shareholders was a surprising move in the high-profile set-aside proceedings but serves as a reminder that even unanimous and carefully reasoned awards aren't as final as they may appear....
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