Akhmedova v Akhmedov: an update

Since December 2016 the wife has continued to fight for enforcement of her financial order in this long running case. To date, the husband has failed to voluntarily pay any funds to the wife despite being ordered to pay a lump sum of £453,576,152 in settlement of her financial claims.

In an attempt to seize the husband’s assets the wife issued enforcement proceedings in the UK. She subsequently claimed that the Dubai Court had a duty to uphold the UK ruling and seize the husband’s superyacht. The husband’s superyacht was seized in March 2018 whilst the wife’s enforcement proceedings were ongoing. However, the Dubai Court of Appeal dismissed the wife’s claim and the court ruled against the freezing order placed on the superyacht by the Dubai International Financial Centre (DIFC) in aid of the English Judgment. The wife also commenced proceedings in the Marshall Islands, where the yacht was registered, in an attempt to re-register it in her own name.

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