YUKOS GETS BREATHER UNTIL MARCH 18

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WASHINGTON, March 10 (RIA Novosti, Arkady Orlov) - Judge Nancy Atlas of the Houston federal district court (Tex.) said that she will pass her verdict on an urgent Yukos appeal (on protecting corporate assets pending examination of an appeal as regards a lower-court decision) before March 18.

According to the US mass media, Judge Atlas made this statement during a March 9 court session, stressing that the Yukos appeal required a well thought-out written decision on her part.

Yukos filed an urgent appeal on protecting its assets March 4 in connection with an appeal concerning the lower bankruptcy court's decision that states expressly that the Yukos case cannot be examined on US territory.

An urgent appeal on banning corporate-asset operations prior to the appeal's examination is perceived by Yukos as its last chance for survival, reads the 19-page document. According to this document, Yukos can be destroyed completely prior to the examination of this appeal.

Deutsche Bank lawyers opposed the protection of Yukos assets during the March 9 court hearings, noting that such a decision would negatively affect the bank's business interests.

Previously, Judge Letitia Clark of the federal bankruptcy court agreed with Deutsche Bank's arguments, meeting its claim to the effect that Russia's Yukos company was not covered by US jurisdiction.

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