Coverage of issues surrounding expropriation of business by the Russian state

Ruble Falls Most in More Than Week as Evtushenkov Arrest Upheld

Bloomberg: The ruble fell the most in more than a week as the U.S. dollar rallied following the decision by a Moscow court to uphold the house arrest of billionaire Vladimir Evtushenkov. According to Bloomberg, ruble has retreated the most … Continue reading

Khodorkovsky’s business partner Lebedev set free

Bloomberg Businessweek: Bloomberg Businessweek reports that Platon Lebedev has been released from jail after over 10 years in prison. Lebedev is the former business partner of Mikhail Khodorkovsky, the former CEO of the expropriated Yukos Oil Company. Lebedev’s release comes … Continue reading

Rosneft Completes $55 Billion TNK-BP Russian Oil Acquisition

Bloomberg: OAO Rosneft (ROSN), Russia’s biggest oil company, sealed its $55 billion acquisition of TNK-BP, becoming the world’s largest publicly traded oil producer by output. Rosneft completed the transaction today, the state-run producer said in a statement. After using some of … Continue reading