July 28, 2014 / 9:11 AM / 6 years ago

Russia will have until Jan to start paying $50 billion in Yukos ruling: lawyer

LONDON (Reuters) - Russia will have 180 days, until January 15 2015, to start paying the $50 billion awarded by the Hague’s arbitration court to a group of Yukos shareholders, a lawyer for the shareholder group said on Monday.

After that period, interest will start being accrued, said Emmanuel Gaillard, Lead counsel, Shearman and Sterling LLP.

Reporting by Jack Stubbs in London, writing by Megan Davies

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