Chaffetz Lindsey Team Wins Dismissal of Claims Against Former Director in Yukos-Related Litigation in the Southern District of New York

January 2016 – A Chaffetz Lindsey team consisting of partner Andy Frischknecht and associates Tania Cohen and Jungmin Cho has obtained the dismissal of all claims asserted against a former director of entities controlling key non-Russian assets of the former Yukos Oil Company.  The case is Yukos Capital S.A.R.L. v. Feldman, No. 15-cv-4964 (LAK) (S.D.N.Y.), and our client is a third-party defendant sued by the named defendant in that action.

The Chaffetz Lindsey team successfully argued that the district court lacked personal jurisdiction over the former director.  The court agreed, dismissing all claims against the client “substantially for the reasons set out” in our briefs.  (Dkt. # 122).  The court also denied the named defendant’s request for jurisdictional discovery (while granting an opportunity to replead).  In the alternative, the court dismissed all claims against the client for failure to state a claim.