Yukos Oil Shareholders Auction Russian Vodka Trademarks for $1.6 Million in Ongoing Legal Battle

The former shareholders of Yukos Oil Co. announced that they have successfully auctioned the Benelux rights to trademarks for 18 Russian vodka brands, which include well-known names like Stolichnaya and Moskovskaya. This move is part of their ongoing effort to enforce the $50 billion arbitral awards against Russia. The auction concluded with a total bid of €1.6 million for these valuable trademarks. More details can be found in the Law360 article.