Dubai Overrules UK Possession Order for Superyacht

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A Shari’a court in Dubai has overruled UK precedent allowing Ms Tatiana Akhmedova possession of a so-called superyacht with a total value of over GBP £350 million.

Ms Akhmedova’s Russian ex Farkhad Akhmedov owns the yacht, and as part of a severance package from UK divorce courts allowing her ownership. After the rejection from Dubai, the yacht is now held under a freezing order.