Russian billionaire Farkhad Akhmedov settles Britain’s largest divorce with US$186 million deal
- Tatiana Akhmedova accepted a cash and art settlement that is around one-third of a 2016 court award
- The oligarch will retain his 115-metre, nine-deck luxury superyacht Luna
Tatiana Akhmedova accepted a cash and art settlement that is around one-third of a 2016 court award, a spokesman for Akhmedov said in a statement. The agreement brings to a close the bitter and long-running legal fight and means that the oligarch will retain his 115-metre, nine-deck luxury superyacht Luna.
A spokesman for Akhmedova didn’t respond to a call and email requesting comment.
The fight for assets has spanned at least nine jurisdictions since a London judge awarded Tatiana some 450 million pounds – amounting to 41 per cent of Farkhad’s assets – in 2016 and raises questions about the ability of English courts to enforce judgments.
Tatiana has been funded by litigation finance group Burford Capital Ltd., which said it will receive US$103 million.