The case of the day is In re Accent Delight International (2d Cir. 2017). Accent Delight and Xitrans Finance Ltd. were BVI companies owned by Dmitry Rybolovlev’s family trusts. Rybolovlev was a Russian national who resided in Monaco. Yves Bouvier was a Swiss national who dealt in fine art through MEI Invest Ltd., a Hong Kong company he controlled. Bouvier brokered Rybolovlev’s purchase of $2 billion in artworks, including paintings by Picasso and van Gogh. In 2014, the New York Times reported that Sotheby’s had sold Leonardo da Vinci’s Christ as Salvator Mundi for $75 or $80 million in 2013, which was allegedly a surprise to Rybolovlev, who claimed he had purchased the painting through Bouvier the same month for $127.5 million!

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