[vc_row][vc_column][vc_column_text]A Russian oligarch’s claim for $115 million in damages against his former wife, after a superyacht was impounded in Dubai as part of a costly divorce battle, has been dismissed by the emirate’s highest court. The 115-meter MV Luna has been held in Dubai since February 2018 while lawyers for oil and gas tycoon Farkhad …
[vc_row][vc_column][vc_column_text] Debts can be traced back to that time before the barter system. At that time, people exchanged services and goods for other services and goods in return. But, what if there were no current services or goods to be exchanged with, and what if one party failed to supply the goods or services as …
[vc_row][vc_column][vc_column_text]A time-bar (or a statute of limitations as known under common law jurisdictions) is a statutory time limit for the enforcement of a civil claim through legal proceedings. As such a time-bar normally does not eliminate the claim, but it offers the other party an effective defence against its enforcement, thus it is a procedural …
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[vc_row][vc_column][vc_single_image image=”31353″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]A London based Russian billionaire, Mr. Farkhad Akhmedov was ordered to pay £453m to his former wife Ms. Tatiana Akhmedova, following a London divorce court battle. Mr.Akhmedov, the Oil & Gas tycoon was ordered to give his 41-year-old ex-wife 41.5% of his “staggering” wealth by a high court judge in 2016. Ms. …
