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12/15/2004:

"YUKOS Seeks U.S. Bankruptcy Protection"

Russian oil group YUKOS has filed for bankruptcy protection in a U.S. court in an attempt to stop Russia's government from auctioning off its main production unit on Dec. 19, it said on Wednesday.

YUKOS has also asked the Houston court, which was due to convene later on Wednesday, to order Russia to arbitration so that it can press claims for billions of dollars in damages over a "campaign of illegal, discriminatory and disproportionate" tax claims.

Full Article : news.yahoo.com