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Russian tycoon to fight $5.6 billion divorce for 10 more years

Published on May 22, 2014 1:11 AM
 

GENEVA (REUTERS) - A Russian tycoon whose estranged wife won a US$4.5 billion (S$5.6 billion) divorce ruling this week, one of the costliest in history, will appeal against the judgment and the case will take another decade at least, his lawyer said on Wednesday.

Dmitry Rybolovlev, who made much of his fortune with the 2010 sale of his stake in fertiliser company Uralkali, spent six years in legal wrangling with wife Elena but the case is long from over, according to lawyer Tetiana Bersheda.

She said the judgment in Geneva was subject to two appeals, first to the court of justice and then at Switzerland's federal supreme court in Lausanne.

"This judgment is an intermediate stage in the divorce battle between the spouses. It is subject to two appeals and then to enforcement abroad in different jurisdictions," Bersheda said in an emailed statement.

 
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