" The subsequent forced individual bankruptcy, seizures of Yukos’ remaining belongings, and the ’ sale of Individuals belongings at auction over the program of 2007 done the expropriation. If the dust settled, the Russian Federation had bankrupted and liquidated Yukos, and state- j owned Rosneft was in possession of pretty much all of Yukos’

Claimant also now expressly disclaims that the evaluation of Yukos’ taxes, which featured so prominently in its prior submissions, constituted functions of expropriation. 53. The Respondent’s argument is premised around the mistaken perception that the worth of Claimant’s Yukos shares should be determined by reference to their inventory ma