Archive for the 'financial provision' Category



Property tycoon in £400m divorce battle declared bankrupt – The Independent

“A tycoon fixer who is fighting a bitter divorce case from his estranged wife over claims that he has hidden his £400m fortune has been declared bankrupt by the taxman.”

Full story

The Independent, 23rd April 2010

Source: www.independent.co.uk

Vaughan v Vaughan – WLR Daily

Vaughan v Vaughan [2010] EWCA Civ 349; [2010] WLR (D) 95

“When a judge was determining (i) a husband’s application to terminate a financial obligation to his former wife and (ii) the former wife’s application to capitalise the obligation, and he was comparing the financial needs of the former wife and a present wife, there remained a presumption that on marriage each spouse took the other subject to all existing encumbrances, whether known or not.”

WLR Daily, 12th April 2010

Source: www.lawreports.co.uk

Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.

Agbaje v Agbaje – WLR Daily

Agbaje v Agbaje [2010] UKSC 13; [2010] WLR (D) 71

“An English court considering under Pt III of the Matrimonial and Family Proceedings Act 1984 whether it would be appropriate to make an order for financial relief on the application of a party to a foreign divorce was not required to apply a forum non conveniens test and decide which of two jurisdictions was the appropriate one. The whole basis of Pt III was that it might be appropriate for two jurisdictions to be involved, one for the divorce and the other for ancillary relief.”

WLR Daily, 10th March 2010

Source: www.lawreports.co.uk

Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.

Ruling confirms London as divorce payout capital – The Independent

“London’s reputation as the divorce payout capital of the world was reinforced by the Supreme Court today.”

Full story

The Independent, 10th March 2010

Source: www.independent.co.uk

Radmacher (formerly Granatino) v Granatino – WLR Daily

Radmacher (formerly Granatino) v Granatino [2009] EWCA Civ 649; [2009] WLR (D) 227

“A judge should give due weight to the marital property regime into which a couple entered so as to legitimately exercise the very wide discretion conferred on judges to achieve fairness between the parties to ancillary relief proceedings.”

WLR Daily, 3rd July 2009

Source: www.lawreports.co.uk

Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.

Myerson v Myerson (No 2) – Times Law Reports

Myerson v Myerson (No 2)

Court of Appeal

“A husband could not have an order compromising an ancillary relief application rewritten where his wealth had fallen significantly.”

The Times, 6th April 2009

Source: www.timesonline.co.uk

Now bankers want a new bonus – lower divorce settlements – The Independent

“Divorced bankers who have had their bonuses cut are trying to wriggle out of millions of pounds worth of maintenance payments they promised to pay their children and former wives. Dozens of ex-husbands in the City are going back to court to ask judges to reduce divorce settlements that were agreed in much rosier economic times.”

Full story

The Independent, 26th February 2009

Source: www.independent.co.uk


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