" The following forced individual bankruptcy, seizures of Yukos’ remaining property, as well as ’ sale of All those property at auction in excess of the course of 2007 concluded the expropriation. In the event the dust settled, the Russian Federation had bankrupted and liquidated Yukos, and point out- j owned Rosneft was in possession of pretty

four. The issue if the actions of Respondent have to be considered as expropriations underneath the UK-Soviet Little bit is transferred to the merits stage of the arbitration. (one) The expression "expenditure" shall comprise every kind of asset invested by an investor of one Contracting Social gathering within the territory of another Contracti