SUPERYACHT ‘LUNA’ SEIZED IN DUBAI IN DIVORCE BATTLE

On 20th April, Superyacht News reported that 115-metre explorer superyacht, Luna, has been seized in Dubai as judges at the High Court in London have sought to enforce one of the largest divorce pay-outs in history.  The court had ruled that Russian owner, Farkhad Akhmedov, owes his ex-spouse, Tatiana Akhmedov, $567 million.  In the judgement, the judge had suggested that Farkhad Akhmedov had attempted to ring-fence a number of assets from the UK courts, including the yacht, restricting her access to his global assets for her share of the settlement.  Luna was originally built in Germany for Chelsea FC owner, Roman Abramovich, in 2010.

http://www.superyachtnews.com/business/115m-my-luna-seized-in-dubai-

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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