A woman has failed in a £680,000 High Court bid for half the proceeds of the sale of a business she helped to run, following the breakdown of a partnership. The claimant valued the business at £1.36 million and claimed…
Hedge fund tycoon Vipin Sareen and his wife Beatrice have been ordered by an Appeal Court judge to stop their costly court actions as neither is going to end up lacking assets. The couple married in 1987 and acknowledged the…
A recent decision of the Court of Appeal, involving the financial settlement in a ‘big money’ divorce, elucidates the criteria which the courts should apply in deciding financial settlements on divorce where there are considerable inherited assets, even when the…
It is sometimes tempting to try to have an agreement reconsidered and the UK sees more than its fair share of family law cases with an international element, where one party to an agreement made abroad seeks to revisit the…
Judges are not perfect and when a judge recently considered a child placement order, there were inadequacies in the judgment. The judge had not stated correctly the test for the criteria to be considered when making a placement order. On…
The Court of Appeal has ordered a divorced husband to pay an additional £481,000 in ancillary relief to his former wife, five years after the original divorce was settled, because he hid information about a profitable share deal. In April…
The half-sister of two children in the sole care of their father has been allowed indirect contact with them, following a ruling of the Court of Appeal. Previously, a family court hearing was told of the father’s concern that allowing…
Scotland’s top judge has slammed the cost to the taxpayer and time necessary to settle a relatively straightforward family access case. Instead of lasting just a few days as expected, the case, which concerned a father’s bid to regain contact…
Assets not ‘owned’ by a person, such as assets held in trust, can sometimes be looked on as part of the wealth of a person when making a financial settlement on divorce. In a recent decision, a woman won a…
The ex-wife of a multi-millionaire has gone to court to claim a share of the value of a number of companies based in Luxembourg, claiming that her former husband’s transfer of assets did not remove them from his beneficial ownership…