{"id":69992,"date":"2019-04-13T16:10:29","date_gmt":"2019-04-13T16:10:29","guid":{"rendered":"https:\/\/dominiclevent.com\/blog\/?p=69992"},"modified":"2019-04-17T17:09:38","modified_gmt":"2019-04-17T17:09:38","slug":"russian-oligarch-wins-back-330m-superyacht-in-historic-divorce-battle","status":"publish","type":"post","link":"https:\/\/dominiclevent.com\/blog\/russian-oligarch-wins-back-330m-superyacht-in-historic-divorce-battle\/","title":{"rendered":"Russian oligarch wins back \u00a3330m superyacht in historic divorce battle"},"content":{"rendered":"


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In brief<\/h4>\n
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  • Farkhad Akhmedov is an oil and gas billionaire<\/li>\n

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  • A Dubai appeals court overrules the order of a British judge<\/li>\n

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    An oligarch close to Russian<\/a> President Vladimir Putin has won back his \u00a3330m superyacht in the latest round of one of the most expensive divorce<\/a> battles in legal history.<\/div>\n

    Farkhad Akhmedov was said to be \u201cnot surprised\u201d after a Dubai appeals court overturned an earlier decision in a British court to remove the vessel from him.<\/p>\n

    The British court<\/a> had ruled that the oil and gas billionaire should pay his ex-wife \u00a3460m, 40 per cent of his fortune, in a divorce settlement that is one of the largest in UK history.<\/div>\n

    The tycoon, whose net worth is estimated at $1.4bn (\u00a31bn), bought the MV Luna in 2014. The yacht, which previously belonged to Russian billionaire Roman Abramovich, has two helipads, at least nine decks and a mini submarine.<\/p>\n

    \u2018Forged\u2019 divorce documents<\/h2>\n<\/p>\n
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    The Luna is at the centre of the couple\u2019s divorce (Photo: Christopher Pike)<\/figcaption><\/figure>\n<\/div>\n

    Lawyers for Mr Akhmedov\u2019s ex-wife Tatiana Akhmedova, a Russian citizen with the permanent right to remain in the UK, called the Dubai court\u2019s decision \u201cprocedural\u201d and reportedly vowed to continue fighting.<\/p>\n<\/div>\n

    They added that \u201cshe successfully obtained additional orders in the English court\u201d last week to secure the vessel.<\/p>\n

    As the divorce continues, the pair has also given differing accounts of when their relationship broke down.<\/p>\n

    Ms Akhmedova insists the marriage lasted until 2012, but her ex-husband puts the date at 2000, despite Russian and British judges finding no evidence of this.<\/p>\n

    In the 2017 British divorce ruling, Justice Haddon-Cave concluded that the original divorce documents were \u201cforged\u201d and imposed a freeze on the oligarch\u2019s worldwide assets so that his ex-wife could rescue money she was due.<\/p>\n

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    But the Dubai Court of Appeal removed Ms Akhmedova\u2019s claim to the superyacht and ordered her to pay her former husband\u2019s legal costs.<\/p>\n<\/div><\/div>\n


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