en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstagram
+ 357-24-636-919
+ 44-20-7556-0900
NEWS

Sign up for a free consultation
Subscribe to our newsletter
Request a return call
Downloadable brochures
Request a brochure
Newsletters
5 Minutes Offshore
Why LAVECO?
How to order a company from LAVECO Ltd
Latest news
Currency exchange rates: USD/1 unit
2018.05.28
HUF 0.0036
GBP 1.3337
CHF 1.0071
RUB 0.0161
HKD 0.1275
JPY 0.0091
CNY 0.1565
CAD 0.7718
AUD 0.7569
BRL 0.2744
EUR 1.1675

Interesting

The Oligarch’s Divorce


24/06/2014

In accordance with the ruling of the Geneva court, Dmitry Rybolovlev must pay his ex-wife 4 020 555 988 CHF following their divorce. The couple spent a significant part of their lives in the Alpine country, which is why the divorce proceedings fell under the jurisdiction of the local courts.

According to Swiss law, the wife is entitled to 50% of the assets acquired during the marriage, but her lawyer declared the above sum to be a “complete victory”. It is quite likely that no wife anywhere in the world has ever been granted such a settlement by the courts. However, the ruling is not yet final. The husband is expected to appeal the decision. In accordance with the ruling of the Swiss court, the husbands’ Swiss assets have been frozen, however, it will be very difficult to put the ruling into effect when it comes to assets held abroad.

As far back as 2005, Rybolovlev established an International Trust in Cyprus, where he proceeded to deposit a significant part of his income. However, no agreement on mutual legal assistance has been concluded between Switzerland and Cyprus, so the Swiss will have their work cut out when it comes to the Cypriots, whose reluctance to cooperate in such situations is legendary.

Top