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Tag: Yves Bouvier

Jury Decided That Sotheby’s Did Not Facilitate Fraud Against Dmitry Rybolovlev

The auction house Sotheby’s was recently exonerated in a lawsuit filed by Russian billionaire Dmitry Rybolovlev. Rybolovlev had accused the prestigious auction house of complicity in a scheme that allegedly saw him overpaying for renowned artworks, including pieces by Leonardo da Vinci, Gustav Klimt, and others. A jury in a civil trial in New York decided in favor of Sotheby’s on Tuesday, rejecting a Russian oligarch’s claim.

Russian Billionaire Dmitry Rybolovlev Accuses Sotheby’s of Aiding in Art Overpayment Scheme

In a legal battle unfolding in Manhattan, Russian billionaire Dmitry Rybolovlev has taken a significant stand against the prestigious auction house Sotheby’s. The owner of Monaco’s soccer team, Rybolovlev, known for his high-profile lifestyle, accuses Sotheby’s of complicity in a scheme that led him to overpay by millions for art pieces. This rare courtroom appearance marks a notable moment for a Russian oligarch seeking justice in a U.S. court.

No Criminal Case: Russian Oligarch And Swiss Art Dealer Settle Billion-Dollar Feud!

The out-of-court settlement between Russian art collector Dmitry Rybolovlev and Swiss art dealer Yves Bouvier has concluded their extensive legal disputes across multiple jurisdictions. Rybolovlev had previously alleged that Bouvier defrauded him of over €1 billion by inflating art prices. On Dec 7, Geneva's public prosecutor, Yves Bertossa, announced the closure of the case, following the prosecutor's earlier advice to the parties to seek a settlement due to lack of evidence for a criminal case.N