Italian Billionaire Had Share Edge Over Reality TV Star Wife (1)

Aug. 5, 2022, 3:36 PM UTCUpdated: Aug. 5, 2022, 8:01 PM UTC

Italian billionaire Silvio Scaglia told the whole world his fashion businesses were half-owned by his wife, reality TV star Julia Haart, but he secretly kept at least a one-share advantage at all times, a Delaware judge said, explaining her recent ruling resolving a bitter dispute between the divorcing couple.

Vice Chancellor Morgan T. Zurn elaborated on a decision she issued in late May as part of “a two-step intended to expedite finality.” The judge rejected Haart’s claims of 50% co-ownership at the time without offering an explanation or saying what share of the businesses Haart actually does own.

Zurn acknowledged ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.