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Removal of trustees – factors a court will consider
Cally Brosnan
As family solicitors, we invest time in carefully explaining to our clients the importance of clear, full and frank disclosure. But what we typically have in mind are those people who think they can hide from the Court’s (or, more precisely, their spouse’s) prying eyes in divorce proceedings that secret bank balance saved for a rainy day, an offshore fund they think will be impossible to track, or the beneficial ownership of a company hidden behind a corporate structure.
The last 30 years has been marked by an extraordinary growth in awards made to wives on divorce. Retirement, as the recent case of Wright shows, is a time for change and review.
In Dubai, a woman was recently seeking a divorce from her husband on the grounds that he couldn’t satisfy her sexual needs. In what is usually considered a traditional culture where, for example, sex out of marriage is punishable by imprisonment and the perceived role of men and women in society and at home is very different to the UK, the case grabbed our attention.
Jane Keir outlines 10 of the key things you need to know about the complexities of divorces involving farms.
There are two surprising things about the decision handed down last Friday (12 December 2014) in relation to the divorce of super-wealthy couple Chris Hohn, the London financier, and his American wife Mrs Cooper-Hohn. The first is that it took so long to see a large contested award that ran to over £100 million – indeed only two settlements in the past ten years have even come close to half that amount. Mrs Cooper-Hohn was given just over one third of their US$1.5 billion fortune five months after the divorce case was heard in the High Court this summer.
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