Dubai court rejects claim to seize superyacht Luna

Latest in a bitter divorce between Russian tycoon Farkhad and his ex-wife Tatiana.

A Dubai Court judge has rejected a claim by the ex-wife of a Russian billionaire to seize his family trust’s $540-million superyacht ‘Luna’ to recoup monies awarded as part of the highest divorce settlement in British history.

In a verdict obtained by Gulf News, Dubai Court ruled that it was “dismissing the case and orders the claimant to pay the expenses and Dh1,000 as attorney fees”.

The court decision on Wednesday is the latest exchange in a bitter divorce between Russian oil and gas tycoon Farkhad Akhmedov and his ex-wife Tatiana Akhmedova whose agents successfully won a freezing order in February to temporarily detain the 115-metre expedition yacht at Port Rashid in Dubai.

The detention of the vessel stemmed from a December 2016 order when Tatiana Akhmedova was awarded a $641-million divorce settlement by the British courts against her ex-husband, based on which, Dubai International Finance Centre (DIFC) Courts issued the temporary freezing order to help her recoup the award.