GML Limited
General Information
Identification Code: 999287240896-81
Website: [object Object]
Entity Form: Private company limited by shares
Registration Category: Companies & groups
Registration Date: 1/15/2021
Last Update: 1/29/2024
EP Accredited Number: 0
Mission & Interests
Goals: GML Limited is a diversified financial holding company established in 1997. Its goal is to obtain justice for the unlawful expropriation of its investment in the former Yukos Oil Company.
GML was the majority shareholder of the former Yukos Oil Company. In 2014, an independent international Arbitral Tribunal in The Hague ruled unanimously that Yukos was illegally expropriated by the Russian Federation. The Tribunal awarded compensation of $50 billion to the former majority shareholders.
In February 2020, The Hague Court of Appeal confirmed the Arbitral Awards, quashing a 2016 ruling of the District Court. In November 2021, the Dutch Supreme Court ruled on the Russian Federation's cassation appeal by referring one question to the Amsterdam Court of Appeal for further consideration. These legal proceedings are expected to continue through 2022-23.
GML aims to ensure that the Arbitral Awards are upheld, and the Russian Federation complies with them.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Energy
- External relations
- Trade
Levels of Interest:
- global
Activities
Main EU Legislative Proposals: GML aims to inform the EU institutions about its legal proceedings in the Netherlands, since those proceedings are relevant to a number of EU principles and policies, including the rule of law, promotion of investment, energy policy, and relations with the Russian Federation.
Communication Activities: GML operates a public website (www.gmllimited.com) and Twitter account (@GML_Limited), and produces written and audiovisual materials for both platforms.
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: Suite 5.1.15, Eurotowers
Post Code: GX11 1AA
City: Gibraltar
Country: GIBRALTAR
Phone: [object Object]
EU Office
Address: Siriusstraat 52
Post Code: 1223 AP
City: Hilversum
Country: NETHERLANDS
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 0
Members25 Percent: 2
Members50 Percent: 1
Members75 Percent: 0
Members: 3
Members F T E: 1
Structure
Structure Type: Structure
Is Member Of: N/A