This news has been received from: dailymail.co.uk

All trademarks, copyrights, videos, photos and logos are owned by respective news sources. News stories, videos and live streams are from trusted sources.

mail: [NewsMag]

My Unorthodox Life star Julia Haart owns almost half her estranged husband's $1.1 billion modeling agency company, a court has ruled – after the former billionaire Silvio Scaglia claimed she had 'less than 0.01 percent'.

Haart, 51, broke away from an 'ultra-orthodox' Jewish community in 2013 and made a popular Netflix documentary about it: My Unorthodox Life.

She married Swiss former billionaire Scaglia in 2019.

She is now suing him in New York for allegedly defrauding her out of half of their company, valued between $700 million and $1.1 billion last year, amid a fraught divorce.

She also launched a lawsuit against him in Delaware, where their company is registered.

On Thursday a judge in the Delaware case ruled that Scaglia did give his wife almost half the company – but he still retained the controlling interest by the slimmest of margins: 50.0004043 percent to her 49.9995957 percent.  

The ruling is the latest bombshell to drop in the bitter battle between the former couple over their modeling and media company and other assets. 

A Delaware judge ruled Julia Haart (pictured), star of My Unorthodox Life, does own nearly 50 percent of her ex's $$1.1billion company, Elite World Group

Haart (left) is suing estranged husband Silvio Scaglia (right), claiming he defrauded her out of half of their modeling agency business

Haart argued that Scaglia gave her half of their firm Elite World Group (EWG), but then allegedly looted its accounts, fired her as CEO, and behaved as if he had control, she claims.

The Swiss entrepreneur, 63, has claimed that in fact his estranged wife owns just 50 of a total 123,765 shares, or less than 0.01 percent.

'The numbers don't lie,' his lawyer, Lanny Davis, wrote in a March 2022 press release. 'Mr. Scaglia owns more than 99% of the voting stock – Ms. Haart owns less than .01%. That's a fact.

'Ms. Haart owns just 50 shares of common stock.'

In the memorandum opinion, Delaware court vice chancellor Morgan Zurn wrote that Scaglia texted company accountant Jeffrey Feinman on May 28 2020 that the couple were 'now ready to finalize our wills and the transfer of the remaining 50 percent of the Freedom Holding shares tuo [sic] Julia.'

Freedom Holding is the company that owns EWG.

On June 12 that year, Scaglia transferred 61,832 of Freedom's 123,665 preferred shares, the judge ruled.

But Zurn pointed out, this was just shy of a full 50 percent – it was only 49.9995957 percent.

'The Stock Power, by its own terms, does not transfer half of Scaglia's 123,665 preferred shares,' the judge wrote.

'Rather, it transfers one half share less than half, or 49.9995957 percent, of those preferred shares. Assuming the Stock Power was effective, Scaglia continued to hold the bare majority—50.0004043 percent—of Freedom's preferred shares. Both Scaglia and Feinman testified this structure was intentional.'

Haart was fired as CEO of Elite World Group in February, hours before she filed for divorce from her estranged husband after nearly three years of marriage

Haart, 51, broke away from an 'ultra-orthodox' Jewish community in 2013 and made a popular Netflix documentary series about it: My Unorthodox Life. She is pictured at the premiere of the show with (from left to right) son Aron Hendler, daughter Miriam, son Shlomo Hendler, son-in-law Ben Weinstein and eldest daughter Batsheva 

Zurn highlighted that despite the share disparity, Scaglia told investment bank Jefferies Group who was trying to take EWG public, that Haart was 'equal co-owner with me' and 'Julia and I own an equal share of EWG through own [sic] common holding company'.

But Zurn ruled that because Scaglia owned just over half the shares in the parent company, his removal of Haart from the board and firing her as CEO was legitimate.

Haart's lawyer, Christopher Milito, told DailyMail.com the ruling 'confirms the falsity' of Scaglia's claims that the Netflix star owned just 50 shares of the couple's modeling and media firm.

'This decision determines nothing other than that, at worst, Scaglia owns just one preferred share more than Ms. Haart,' Milito said.

'The court's decision is a tour de force examination of the many years of Scaglia's statements and documents confirming to Ms. Haart and to the world at large that she was a full fifty-percent owner.

'Ms. Haart disagrees with the ultimate decision and will appeal it. But in the event it stands, it will be the final piece of evidence proving Scaglia's fraud against his wife, fraud for which Ms. Haart is already seeking redress in New York State Supreme Court.'

RELATED ARTICLES
  • Previous
  • 1
  • Next
  • EXCLUSIVE: Billionaire backstabber! Stunning emails by... Alex Jones is ordered to pay $45.2 MILLION in punitive...
Share this article Share

The Netflix star also claims Scaglia tried to mortgage their $65million Tribeca penthouse, which overlooks the Hudson River, for $40million to prop up his allegedly ailing companies

Photos obtained by DailyMail.com show the inside of their $65million New York penthouse apartment, decked out for a 2021 Thanksgiving dinner party, as well as the former EWG CEO working at the modeling firm's office

Last month DailyMail.com revealed emails, texts and photos that laid bare the split couple's lavish life, including a $65 million New York City penthouse, his and hers $340,000 Bentleys, and a $53,000 private flight to Mexico.

In her New York lawsuit, Haart claims Scaglia tried to mortgage their $65million Tribeca penthouse for $40million to prop up his allegedly ailing companies.

She also accuses him of using company funds for personal expenses, such as a $53,000 private flight to Mexico in October 2021, claimed as a business trip.

An email from July 2020 also shows Scaglia allegedly asking EWG's CFO to 'take care of' a $14,000 bill for 'household staffing'.

Haart even claimed her estranged husband filed a false police report against her, claiming Haart had stolen her own Bentley from EWG.

The couple each had their own models of the Bentley Mulsanne, with MSRPs that started around $340,000.

Scaglia's attorney, Davis, previously told DailyMail.com that Haart was trying to 'mislead the media' in her lawsuit.

Haart working at her penthouse. The luxury apartment boasts five bedrooms and six and a half bathrooms

News Source: dailymail.co.uk

Tags: topics index ’ultra orthodox’ jewish orthodox’ jewish community ’ultra orthodox’ jewish community orthodox’ jewish ’ultra orthodox scaglia’s freedom’s ’less her estranged husband former billionaire broke away the netflix star the netflix star million new york modeling agency the stock power was trying their company in new york almost half the company judge ruled

Albert Pujols two-homer game overshadows crazy resurgence down the stretch

Next News:

Teen Mom Kayla Sessler sparks concern after star reveals she suffered ‘scary’ panic attack amid issues with fiancé Luke

TEEN Mom fans are worried about Kayla Sessler after the reality star reveals she had a panic attack amid drama with fiancé Luke Davis.

The couple got engaged during an earlier episode of the show and almost immediately Kayla claimed she wasn't ready for marriage.

1

During Tuesday's episode of Teen Mom: Young & Pregnant, Kayla caught up with her mom to thank her after a frightening incident.

The reality star revealed in a confessional that she was grappling with mental health issues.

Those struggles, she said, manifested in an unexpected panic attack while she was driving.

"I just don't feel like myself anymore and that's such a s***ty feeling," she said.

More on KaylaINDECENT PROPOSAL Teen Mom Kayla Sessler slammed for shock confession after Luke's proposalKAYLA'S CURVES Teen Mom Kayla Sessler shows off curves in tiny see-through orange dress

Kayla revealed earlier in the episode that in addition to the struggles in their relationship, she and Luke were being forced to move out of their house.

The MTV star said: "It's been overwhelming because Luke doesn't want to deal with it, so the stress has been getting to me and the other day I had a panic attack."

She continued: "So I was driving home and my heart just started to beat really fast and I got, like, dizzy and I was, like, hot and I just freaked out and called my mom to come get me.

"I think it happened because I'm just so stressed out right now. Like, I don't really deal with my problems and stuff just keeps piling up, piling up and I think I just finally, like, broke."

Most read in EntertainmentCRY FOR HELP? Kardashian fans fear for Kourtney's stepdaughter Alabama after cryptic postDUGGAR DIG Jinger Duggar and husband shade parents while giving fans a tour of $1M homeSWEET FEET Kylie shares rare video of 6-month-old son as fans think she leaked baby's nameKHLO-W DOWN! Khloe flaunts TINY waist in corset & jeans as fans 'don't recognize her'

Speaking with her mom, Kayla said she was "terrified it's gonna happen again" and was constantly "on edge."

Other News

  • Behind the Scenes at Leonard Nimoy and John De Lancie’s Audio Production Company
  • Gay porn star posts horrific pictures of month-long battle against Monkeypox that saw huge blisters form around his mouth and could leave him scarred for LIFE
  • Video Shows Dr. Oz Saying He Has Two Houses. He Actually Has 10.
  • NeNe Leakes pens birthday tribute to late husband Gregg: I miss you
  • Transgender people protected under Americans with Disabilities Act, judge rules
  • Paige VanZant fight OFF with star ‘p***ed off and heartbroken’ after claiming she’s been pulled at short notice
  • Brooklyn Beckham roasted for claiming his chef career afforded him a luxury car
  • California News | San Jose church that flouted COVID rules avoids nearly quarter million in court fines
  • RHOBH: Who is Teddi Mellencamp’s husband Edwin Arroyave?
  • Cuomo can keep book money for now, court rules
  • Julia Louis-Dreyfus son Charlie joins Sex Lives of College Girls cast
  • Twitter Strongly Reacts to Giants Claiming Ex-Bills Cornerback
  • Lala Kent Dishes on Love Life While Filming VPR Season 10
  • Darius Campbell Danesh coma: How iconic Pop Idol star nearly died TWICE before his shock death at 41
  • The Real’s Adrienne Bailon and husband Israel Houghton welcome first child via surrogate & reveal baby’s gender & name
  • Glazers have taken £1.1BILLION out of Man Utd and NO Premier League club has had worse investment in last decade
  • Watch Darwin Nunez sent off for brutal HEADBUTT on Andersen as £85m Liverpool star leaves fans stunned on Anfield debut
  • Cristiano Ronaldo ‘IS wanted by Chelsea and Atletico Madrid despite transfer talks yet to open over Man Utd star’
  • RHONJ star Teresa Giudice shows off abs in thong bikini as husband Luis grabs her butt in raunchy Greece honeymoon pics