The Dubai court sided with the Russian billionaire in his dispute with his ex-wife over owning one of the largest yachts in the world.
Russian billionaire Farhad Akhmedov won the largest divorce case in the judicial history of Great Britain.
One of the subjects of the dispute was the ownership of the 115-meter Luna yacht, worth $ 500 million, moored in the Dubai port. The law was disputed by the ex-wife of billionaire Tatyana Akhmedova. Since the yacht was in the jurisdiction of the emirate, the case was considered by the courts of Dubai.
Dubai courts canceled an arrest warrant for a superyacht owned by Akhmedov’s family trust.
Akhmedov’s spokesman said: “Mr. Akhmedov is delighted, but not surprised by today's court ruling in favor of the Akhmedov family trust ... Luna is one of the assets of a family trust created in the interests of his entire family and dependents, and he is confident that no court in the world will support Tatiana’s illegal attempts to take her from them. "
The court decision also requires that Tatyana Akhmedova pay all legal expenses of the family and the family trust of the ex-spouse.
Recall that the superyacht was bought by Akhmedov from another billionaire Roman Abramovich in 2014. It is believed that this is the 23rd largest luxury yacht in the world. Its crew is 50 people, it has a spa, swimming pool and two helipads.
