Blog
Kingsley Napley’s Medical Negligence Team ‘walks together’ with the Dame Vera Lynn Children’s Charity
Sharon Burkill
22 November 2012
Inherited wealth in big divorces remains unresolved
The recent case of Davies v Davies has been widely reported in the press as “the end of multi-million payouts for wives”. It isn’t the end. Separating wives and their lawyers can sleep at night. More importantly the case shows just how hard the courts are finding it to establish new law on inherited wealth, or pre-marital business assets which one party brought into the marriage.
8 November 2012
Is it two nil to the non discloser?
The recent Court of Appeal decision of Petrodel Resources Limited v Prest [2012] has (once again) caused a ripple of shock amongst family lawyers, and it highlights the conflict between the differing approach of Judges in the Family Division and those in the Chancery Division. The Court of Appeal, by a majority of 2 to 1, overturned an Order for the transfer to the wife of various properties owned by corporate entities which were owned and controlled by the husband.
1 November 2012
A disastrous financial settlement for the husband leads to a windfall for the wife
Christos Malialis and Elizabeth Malialis, both 59, were married for 34 years and have 2 grown up children. As a fully contributing husband and father in a long, financially comfortable marriage, Mr Malialis can be forgiven for expecting that the division of assets would be deliberated with an intention that both parties’ reasonable needs were met.
26 October 2012
Demi Moore and Ashton Kutcher – is a ‘private’ divorce possible?
Various press reports this week, both in England and in the US, suggest that Demi Moore and Ashton Kutcher have been unable to finalise their divorce due to their inability to reach a financial settlement and the prospect of an “ugly” court battle has been raised. This blog explores the alternative routes to highly public divorces in the UK.
19 October 2012
A divorce worthy of Downton
The recent High Court case of Y v Y has all the hallmarks of a certain popular period drama: inherited wealth built up over generations, landed gentry forced to downsize and the pitfalls of managing a large country estate.
