Blog
Removal of trustees – factors a court will consider
Cally Brosnan
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.
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.
Over the last 20 years, we have seen a greater tendency for women to enter into the higher occupational sphere and according to recent reports, many of these women feel that our current divorce laws, whilst evolving, do not reflect the fact that they are both homemaker and breadwinner while their spouses do not have to worry about household management as well as their careers.
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