The High Court has denied property tycoon Elie Taktouk compensation from his former wife.
Mr Taktouk alleged that Daniella Semaan sold their central London flat for significantly less than its value following their 2013 divorce.
Spanish company Zirrintza SL bought the Belgravia flat Ms Semaan had shared with her husband for £5.4 million. Zirrintza is owned by her current boyfriend and Premier League football player Cesc Fabregas.
Mr Taktouk claimed that the flat was worth at least £7 million, possibly even as much as £10 million, and accused her of failing to properly market it.
The property mogul took his application for compensation to the High Court, where Deputy Judge Richard Snowden said the case was “yet another court battle between Mr Taktouk and Ms Semaan arising out of the breakdown of their marriage [and] acrimonious divorce”.
Deputy High Court Judge Richard Snowden QC ruled that Mr Taktouk’s application for compensation “has no real prospect of success” and dismissed it.
He criticised the tycoon, The Telegraph reports, saying he had still not paid the costs incurred by his ex-wife in earlier litigation. His current claim had been an “abuse of process”, the Judge declared.
At a previous hearing between the former couple, Mr Taktouk criticised British judges for favouring wives who are “badly behaved” and said “the family courts in our country are appalling”.
Photo of Belgravia, London by Herry Lawford via Flickr