Russian billionaire asks Supreme Court to stop ex-wife’s divorce case

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Vladimir Potanin wants to avoid a multibillion-pound court fight going ahead in London following the end of his marriage to Natalia Potanina.

Russian businessman Vladimir Potanin wants Supreme Court justices to block his ex-wife’s bid to make a money claim in London

Mrs Potanina’s legal team say the Court of Appeal took the correct approach and that she has “earned her share” of the family’s wealth after years of marriage. Mrs Potanina’s lawyers said in 2019 that the size of her claim over the company’s shares could be as much as 9 billion US dollars , her ex-husband’s legal team said.

The billionaire was accused of continuing to “amass wealth” as he supported Russian President Vladimir Putin’s regime by buying Rosbank and shares in Tinkoff Bankonith since the start of the conflict. Proceedings in Russia led to an award of 84 million US dollars being made to Mrs Potanina, Mr Faulks said.

But he said Mrs Potanina has “a very limited connection with England and Wales” and that the law does not allow for a “top-up” of a foreign award.

 

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