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Ho Hum ? Another Billionaire Russian Ex-Pat Divorce with a Property Division of Enormous Marital Assets

By Janet Langjahr

Recently I posted regarding Swiss Court to Rule on What May Be Record-Breaking Property Division of at Least 6 Billion UK Pounds Between Ultra-Rich Russian Couple Living in Switzerland.

Perhaps it’s something in the air. Now, just a short time later, yet another ex-patriate Russian oligarch billionaire Husband is divorcing this summer too. With another stratospheric marital estate expected to culminate in a record-setting property division award to his Wife.

This time, the Soviet couple’s divorce filing is in London, after nearly twenty years of marriage – in which they mostly lived apart from one another. Husband has reportedly co-habited with a different “significant other” for the last fifteen of those years.

Speculation is that the property division settlement is the largest ever in the UK, and twice the largest ever in Australia.

Husband’s career has run the gamut from running an automobile dealership to teaching math at the college level. Although he reportedly made the big bucks selling state-run assets in the aftermath of the collapse of the Soviet Union government.

Regardless of the magnitude of any settlement or judgment on paper though, a foreign attorney, who handles similar high end divorces involving globally-dispersed wealth, notes that, depending how the marital assets are titled and held and where in the world they are located, Wife may face obstacles to enforcement.

But, even in humbler marital estates, exes seeking enforcement of property (and, for that matter, support) awards can expend more time, ingenuity, energy and financial resources collecting on their divorce final judgment than in obtaining their divorce final judgment.

Read more in this Sydney Morning Herald article: Russian oligarch Berezovsky gets divorce.

Full post as published by Florida Divorce - Child Custody - Domestic Abuse Law on August 20, 2010 (boomark / email).