MOSCOW, August 29 (RIA Novosti) - The Moscow Arbitration Court of Appeals will consider September 19 a motion by the Yukos Oil Company against a ruling on its bankruptcy, the court's press service said Tuesday.
Yukos [RTS: YUKO], once Russia's largest oil company, was declared bankrupt August 1 after three years of litigation with tax authorities over the company's tax arrears. Eduard Rebgun, formerly the Yukos temporary manager, was appointed the bankruptcy receiver.
On August 23, a court upheld a decision by a meeting of Yukos creditors to declare the company bankrupt, rejecting an appeal lodged by the company.
The Yukos group, whose founder Mikhail Khodorkovsky is serving an eight-year prison term after being convicted for fraud in May 2005, now faces a total of $16.6 billion in claims from creditors, including Rosneft-owned former production unit Yuganskneftegaz ($4.07 bln), the Federal Tax Service ($11.6 bln), Rosneft ($482 mln) and more than 20 other companies.
