AS Monaco majority owner Dmitry Rybolovlev has suffered a new setback in his ongoing court battles with art dealer Yves Bouvier. Singapore’s highest court ruled on April 18 to stay an ongoing court case, saying that Switzerland would be the more appropriate jurisdiction in which the Russian billionaire should pursue his claim for damages. Mr Rybolovlev claimed claimed that Mr Bouvier, a Swiss citizen, had committed fraud and breached fiduciary responsibilities. The Court of Appeal in Singapore agreed with Mr Bouvier’s lawyers that the transactions were governed by Swiss law, … Continue reading Rybolovlev loses latest round in art case