Dubai court rules against superyacht freeze order in divorce battle

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DUBAI: A Dubai appeal court has dismissed a freezing order on a US$436 million superyacht belonging to a Russian billionaire at the centre of one ...

DUBAI: A Dubai appeal court has dismissed a freezing order on a US$436 million superyacht belonging to a Russian billionaire at the centre of one of the world's costliest divorce battles, according to a copy of the final ruling reviewed by Reuters.

A spokesman for Tatiana Akhmedova, who is trying to enforce the freezing order, said an injunction from the Marshall Islands prevents the yacht from setting sail.Advertisement The Dubai court of appeal's final decision, English and Arabic copies of which were provided to Reuters by Akhmedov's lawyers, came after two years of legal battles in the emirate over the freezing order.

 

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