Russian oligarch's ex-wife must pay £50m after seizing superyacht - News Summed Up

Russian oligarch's ex-wife must pay £50m after seizing superyacht


The charges are in relation to the wrongful seizure of the £353 million superyacht Luna in Dubai. Senior judges have now said the English High Court judgement awarding £453 million to Tatiana Akhmedova should not have been enforced. It is the first time a Dubai court has appointed an expert to assess damages in a case of this kind. The report submitted by the independent assessor found that Luna's owner lost £50 million in rental income during the period it was under arrest. The £47 million (€55.5 million) damages report submitted to court shows it could be a very costly mistake.'


Source: Daily Mail October 25, 2019 19:16 UTC



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