Italian Fashion Tycoon in UK divorce battle

An Italian fashion tycoon and his wife are in the midst of a legal battle in an attempt to settle their multi-million pound divorce in Britain.

Ilaria Giusti, 53, is asking the UK courts to rule on her divorce from shoe designer Ferruccio Ferragamo, despite moving here five years after splitting from her husband.

However, Mr Ferragamo says judges in Italy should make the decisions instead.

Lord Justice Moylan and Lord Justice Baker, who had overseen a Court of Appeal hearing in London earlier this month, said they preferred the argument put forward by Mr Ferragamo’s lawyers.

They said judges in England should ‘defer to the Italian court’ and let Italian judges decide whether they ‘remained seised’ of proceedings.

However, the two appeal judges also said Ms Giusti’s English bid should not be thrown out.

The couple married in 2004. The marriage had broken down after about eight years. They have been estranged since 2012.

 

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