Judge says Julia Hart could own nearly half of the former billionaire’s $1.1 billion company

My Unorthodox Life star Julia Hart says a new court ruling shows she owns at least 49 percent of her estranged husband’s $1.1 billion modeling agency company — after former billionaire Silvio Scalia claimed she had less than 0.01 percent.

Hart, 51, broke away from the “ultra-Orthodox” Jewish community in 2013 and made a popular Netflix documentary: My Unorthodox Life. She married former Swiss billionaire Scalia in 2019.

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

She also sued him in Delaware, where their company was registered.

On Thursday, a Delaware judge issued a ruling highlighting documents showing an apparent transfer of a Scaglia stock to Haart for nearly half of the company.

But after the alleged transfer, Scalia had a controlling stake with the lowest profit margins: 50,000,043 percent versus 49,9995957 percent.

Haart’s lawyers say documents show it owns nearly half of the company, while Scaglia says the transfer is invalid and still claims it owns less than 0.01%.

The fight between the spouses is set to continue – as in her ruling, Vice Chancellor Morgan Zorn has not made a final decision on whether the alleged stock transfer has actually taken place.

This ruling is the latest bombshell to fall in the ex-couple’s bitter battle over their modeling and media company and other assets.

A Delaware judge has ruled that My Unorthodox Life star Julia Hart (pictured) may own nearly 50 percent of her former $1.1 billion company, Elite World Group.

Hart (left) is suing estranged husband Silvio Scalia (right), claiming he defrauded her of half the modeling agency's business.

Hart (left) is suing estranged husband Silvio Scalia (right), claiming he defrauded her of half the modeling agency’s business.

Haart argued that Scaglia gave her half of her Elite World Group (EWG) company, but then claimed that she ransacked her accounts, fired her from her position as CEO, and acted as if he had control, she claims.

The Swiss businessman, 63, claimed that his estranged wife actually owns only 50 of the total of 123,765 shares, or less than 0.01 percent.

‘The numbers don’t lie,’ wrote his attorney, Lanny Davis, in a press release in March 2022. ‘the master. Scaglia owns more than 99% of the voting stock – Miss Haart owns less than .01%. This is a fact.

‘Ms. Haart owns only 50 shares of common stock.

In the memo’s opinion, Delaware Deputy District Court Counsel Morgan Zorn wrote that Scalia texted company accountant Jeffrey Feynman on May 28, 2020 that the couple were ‘now’ ready to finalize our will and transfer the remaining 50 percent of Freedom Holding stock . [sic] Julia.

Freedom Holding is the company that owns EWG.

On June 12 of that year, Judge wrote, Scalia transferred 61,832 of Freedom’s 123,665 preferred shares using a “Stock Power” document.

But it added in a footnote that the transfer may not have been correct, and did not provide a final decision on whether the shares now actually belong to Haart.

Zern noted that the conversion was just shy of 50 percent — it was just 49.995957 percent.

“The Stock Authority, on its own terms, does not transfer half of Scalia’s 123,665 preferred shares,” the judge wrote.

Instead, it transfers half a share of less than half, or 49.9995957 percent, of those preferred shares. Assuming stock strength was effective, Scalia continued to hold the bare majority — 50,000,043 percent — of Freedom’s preferred stock. Scaglia and Feinman testified that this structure was intentional.

“Scalia objects that the witness line in this document has not been signed and that Haart has not provided evidence that the shares were actually delivered,” Zorn added in a footnote. “In this summary, I’m not making sense of whether the stock company actually transferred the stock to Haart.”

Hart 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.

Hart 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.

Hart, 51, separated from the Jewish community

Hart, 51, separated from the “ultra-Orthodox” Jewish community in 2013 and produced a popular Netflix documentary series on the topic: My Unorthodox Life. She is pictured at the show’s premiere with (from left to right) son Aaron Hendler, daughter Miriam, son Shlomo Hendler, daughter-in-law Ben Weinstein and eldest daughter Pacheva

Zurn wrote that despite the disparity of shares, Scalia told investment bank Jefferies Group, which was trying to get the EWG public, that Haart was “equal co-owner with me” and that “Julia and I owned an equal stake in EWG through our ownership.” [sic] Joint holding company.

But Zurn ruled that because Scaglia owned more than half of the stock in the parent company, removing Haart from the board of directors and removing her from the CEO position was legitimate.

Haart’s attorney, Christopher Milito, told DailyMail.com that the ruling ‘confirms the falsehood’ of Scalia’s claims that the Netflix star owns only 50 shares of the couple’s modeling and media company.

“This decision defines nothing but that, at worst, Scalia has only one more preferred stake than Mrs. Hart,” Milito said.

The court’s decision is a thorough examination of many years of statements and documents by Scalia assuring Mrs. Hart and the world at large that she was fifty percent owner.

‘Ms. Hart does not agree with the final decision and will appeal it. But if it persists, it will be the last evidence of Scalia’s fraud on his wife, the fraud that Ms. Hart is already seeking compensation in the New York State Supreme Court.

Scalia’s attorney, Peter Bex, responded by denying that she owns roughly half of Freedom Holding’s stock.

Becks cited criticism of Hart in the Delaware ruling, which she said had “tried” to pressure the company’s accountant to “falsely declare that Scalia intends to convert fifty percent of it.”

The Netflix star also alleges that Scalia tried to mortgage his $65 million Tribeca penthouse, which overlooks the Hudson River, for $40 million to support his alleged struggling businesses.

The Netflix star also alleges that Scalia tried to mortgage his $65 million Tribeca penthouse, which overlooks the Hudson River, for $40 million to support his alleged struggling businesses.

Images obtained by DailyMail.com show the inside of a $65 million New York penthouse furnished for the 2021 Thanksgiving dinner party, as well as the former CEO of EWG working in the modeling firm's office.

Images obtained by DailyMail.com show the inside of a $65 million New York penthouse furnished for the 2021 Thanksgiving dinner party, as well as the former CEO of EWG working in the modeling firm’s office.

Last month, DailyMail.com revealed emails, texts and photos that revealed the lavish lives of the estranged couple, including a $65 million penthouse in New York City, his $340,000 Bentleys and her daughters, and a $53,000 private flight to… Mexico.

In her lawsuit filed in New York, Hart claimed that Scalia attempted to mortgage her $65 million Tribeca penthouse for $40 million to support his alleged distressed businesses.

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

An email from July 2020 also shows that Scalia is asking the EWG CFO to “take care” of a $14,000 bill for “homework”.

Hart alleged that her estranged husband filed a false police report against her, claiming that Hart had stolen her Bentley from the EWG.

Both pairs had their own Bentley Mulsanne models, with MSRPs starting around $340,000.

Scalia’s attorney, Davis, previously told DailyMail.com that Hart was trying to “mislead the media” in her lawsuit.

Hart works in her own shed.  The luxurious apartment includes five bedrooms, six and a half bathrooms

Hart works in her own shed. The luxurious apartment includes five bedrooms, six and a half bathrooms

He said the lawsuit she filed in New York was “similar to the allegations she filed in a Delaware court.”

“After a full trial, the court ruled against her in April on all charges — that is, she does not own 50 per cent of the parent company or any of the companies owned and operated by Mr. Scalia,” Davis said.

Furthermore, her testimony and documents at that trial proved that she knew before she filed the case that she did not own 50 percent of the assets of Mr. Scalia’s parent company.

I forgot to include this fact in this latest lawsuit. She seems to think she can mislead the media. second. I can not.

‘Ms. Davis added that Hart promoted in her book her motto, ‘Fake it till you make it’. By filing a recent lawsuit, she has proven that she believes this works in a court of law. It did not.

“Maybe it’s time for Mrs. Hart to stop lying in court and to the media about Mr. Scalia and his companies and start accepting the facts and the truth.”