High Quality Content by WIKIPEDIA articles! Yukos Oil Company was a petroleum company in Russia which, until recently, was controlled by Russian businessman Mikhail Khodorkovsky and a number of other prominent Russian businessmen. Khodorkovsky was convicted and sent to prison. Yukos headquarters was located in Moscow. Yukos was one of the biggest and one of the most successful Russian companies in 2000-2003. In 2003, following a tax reassessment, the Russian government presented Yukos with a series of tax claims that amounted to $27 billion. As Yukos's assets were frozen by the government at the same time, the company was not able to pay these tax demands. On August 1, 2006, a Russian court declared Yukos bankrupt.

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