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Refusal to collect $4 billion from tycoon Potanin in favor of his ex-wife upheld

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10:57 15/09/2017

MOSCOW, September 15 (RAPSI, Yevgeniya Sokolova) – The Moscow City Court has upheld a lower court’s ruling to dismiss a lawsuit lodged by Natalia Potanina seeking to collect 215 billion rubles (about $4 billion at the current exchange rate) from her ex-husband, billionaire Vladimir Potanin, the court’s press service told RAPSI.

Potanina has asked the court to divide the property acquired during their marriage by recovering financial compensation for shares of KM Invest company. In May, Moscow’s Presnensky District Court dismissed the claim. According to the plaintiff’s lawyer Pavel Konovalov, the lawsuit was rejected because the statute of limitation expired. Potanina appealed the ruling.

The businessman was granted a divorce from his wife in February 2014.

In July 2015, the Presnensky court issued a ruling in a case on dividing the assets of the former spouses. According to a source familiar with the lawsuit, the court ruled that Vladimir Potanin keep a 406.9 square meter luxury apartment on Skatertny Pereulok (central Moscow) and a church, St. Blessed Tamara in the village of Anosino, in the Moscow Region.

Natalya Potanina received 380 million rubles ($6.8 million) in compensation for her share in the apartment as well as three plots of land in the Moscow Region.

In the fall of 2015, the court dismissed Potanina’s claim for ownership of 50 percent of her ex-husband’s stake in Norilsk Nickel and half of Interros International, which holds their other assets. She has appealed the ruling, only for the Moscow District Court to uphold it on January 22, 2016.

In May 2017, Potanina filed another lawsuit seeking to recover 849.2 billion rubles (about $15 billion) from her ex-husband. In July, the claim was rejected because of expiration of the limitation period.

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Refusal to collect $4 billion from tycoon Potanin in favor of his ex-wife upheld

10:57 15/09/2017 The Moscow City Court has upheld a lower court’s ruling to dismiss a lawsuit lodged by Natalia Potanina seeking to collect 215 billion rubles (about $4 billion at the current exchange rate) from her ex-husband, billionaire Vladimir Potanin.
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