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Britain's biggest ever divorce battle

View profile for Steven Payne
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A London court has ordered Russian billionaire Farkhad Akhmedov to hand over his £350 million-pound superyacht to his ex-wife as part of a divorce settlement.

The 115 metre superyacht known as ‘Luna’ is the second largest expedition yacht in the world and was till 2014 under the ownership of Russian oligarch and Chelsea football club owner Roman Abramovich.

Mr Justice Haddon-Cave at the High Court ruled that Mr Akhmedov had used evasive and underhand tactics to keep the yacht beyond the reach of the English courts and avoid paying his wife.

The value of ‘Luna’ is a mere drop in the ocean when Mr Akhmedov’s assets are estimated at £1.3 billion pounds, but it comes on top of the £453 million which he was ordered to pay in 2016, but which remains unpaid.

Gepp and Sons have many years’ experience in dealing with all aspects of divorce and separation proceedings. Whilst a case like this is obviously exceptional, we have plenty of experience and expertise in all areas of family law including high net value and complex cases.

This is not legal advice; it is intended to provide information of general interest about current legal issues.

If you would like to speak to one of our experts, please telephone 01245 258106 or email paynes@gepp.co.uk