Berezovsky Estate: Daughter Applies To Court

One of the daughters of Russian oligarch Boris Berezovsky has denied that her father was millions of pounds in debt when he died.

Ekaterina Berezovskaya has gone to the High Court asking to be allowed to become an executor of his estate.

Her plea comes amid questions as to whether or not there is any money in the estate to distribute.

Judge Mr Justice Morgan said reports from receivers who had analysed Mr Berezovsky's financial affairs suggested there was not, and that he had left debts that could amount to more than £300m.

"The dispute is whether the estate is solvent or insolvent," said the judge. "Information from receivers points to insolvency.

Berezovsky had earlier lost a court battle against Roman Abramovitch

"The receivers have told me a great deal about what they have uncovered."

The judge said he had seen detail of alleged debts and said the level of insolvency could be as high as £309m.

However, Ms Berezovskaya, questioned the receivers' analysis.

Anthony Trace QC, for Ms Berezovskaya, said the judge was not in a position to decide whether Mr Berezovsky's estate was insolvent.

He said there were a "number of things" receivers had not done and questioned the adequacy of their investigation.

Mr Trace said Ms Berezovskaya had been appointed executor by her father who had "died in tragic and mysterious circumstances".

The judge is being asked to decide whether Ms Berezovskaya should be made a temporary administrator of her father's estate pending further litigation.

Mr Berezovsky, 67, was found dead at his home in Ascot, Berkshire in March.

He was reportedly found on a bathroom floor with a ligature around his neck.

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