Dead Man’s $121 Million Chateau Spurs Court Fight Over Debts
The late Boris Berezovsky’s creditors including Aeroflot and Roman Abramovich stand to gain from a legal struggle to get hold of a Cap d’Antibes mansion
Chateau de la Garoupe in Cap d’Antibes.
Source: Google MapsBillionaire Roman Abramovich, Russian airline Aeroflot PJSC and the U.K. treasury are among creditors who stand to gain from a legal tussle to lift the confiscation of a French Riviera mansion worth about 100 million euros ($121 million) that once belonged to oligarch Boris Berezovsky.
Bankruptcy trustees argued at the Aix-en-Provence appeals court on Wednesday that the Chateau de la Garoupe in Cap d’Antibes should be used to help pay back what the creditors are owed -- rather than remain in the hands of the French state following a ruling in a separate money-laundering case.