Changes to Child Maintenance – Family Law Week

Posted September 4th, 2013 in child support, financial provision, news, parental responsibility by sally

“Anna Heenan, Solicitor at Gregg Latchams LLP explains the latest changes to the child support regime.”

Full story

Family Law Week, 3rd September 2013

Source: www.familylawweek.co.uk

Judge rules divorcing couples must be honest with each other – Daily Telegraph

Posted August 29th, 2013 in divorce, financial provision, news by sally

“A business tycoon who lied about his wealth in a £1.8m divorce settlement has been told he may have to pay more after a judge ruled couples have a duty to tell each other the truth when striking deals.”

Full story

Daily Telegraph, 29th August 2013

Source: www.telegraph.co.uk

Russian wife awarded £53 million divorce settlement at London’s High Court – Daily Telegraph

Posted August 15th, 2013 in contempt of court, costs, divorce, enforcement, financial provision, news by sally

“A Russian wife has been awarded one of the highest divorce settlements ever made by an English court after a judge ruled that she should receive more than £53 million from her ex-husband.”

Full story

Daily Telegraph, 14th August 2013

Source: www.telegraph.co.uk

Finance and Divorce Update – Family Law Week

Posted August 8th, 2013 in divorce, family courts, financial provision, news by sally

“Jessica Craigs, senior solicitor and David Salter, Joint Head of Family Law at Mills & Reeve LLP analyse the financial remedies and divorce news and cases published in July.”

Full story

Family Law Week, 7th August 2013

Source: www.familylawweek.co.uk

“Jackson” and committal for contempt in matrimonial cases by David Partington – Sovereign Chambers

“It might be that the sanction of committal for contempt for ignoring orders of the court in respect of providing proper financial information in divorce proceedings may be more likely than before – partly in view of the new climate intended to be fostered by the ‘Jackson’ reforms.”

Full story

Sovereign Chambers, 22nd July 2013

Source: www.sovereignchambers.co.uk

Piercing the Corporate Veil: Ramifications of the SC Decision in Prest v Petrodel Resources Limited – 11 KBW

Posted July 31st, 2013 in company law, divorce, financial provision, news, Supreme Court, trusts by sally

Presentation

11 KBW, 24th July 2013

Source: www.11kbw.com

Finance and Divorce Update – Family Law Week

“Jessica Craigs, solicitor and David Salter, Joint Head of Family Law at Mills & Reeve LLP analyse the financial remedies and divorce news and cases published in June.”

Full story

Family Law Week, 8th July 2013

Source: www.familylawweek.co.uk

Divorcing a bankrupt, Part II: where insolvency law meets financial remedies – Family Law Week

Posted July 3rd, 2013 in bankruptcy, divorce, financial provision, matrimonial home, news, pensions by sally

“Henry Clayton of 4 Paper Buildings outlines the consequences where a party to financial remedy proceedings becomes bankrupt after the making of a final order.”

Full story

Family Law Week, 28th June 2013

Source: www.familylawweek.co.uk

A matter of trust… New Law Journal

Posted June 28th, 2013 in company law, financial provision, matrimonial home, news, Supreme Court, trusts by tracey

“To widespread surprise, the Supreme Court allowed the wife’s appeal in Prest v Petrodel Resources [2013] UKSC 34, [2013] All ER (D) 90 (Jun) although on a different basis from the decision of Mr Justice Moylan at first instance. For those law “nerds” amongst us, the new Supreme Court live feed added an extra frisson, with social media abuzz with speculation as to what it might mean that Lord Sumption was to give the lead judgment. It quickly became clear that this may be a red herring (for Lady Hale to give the lead judgment would have been too obvious a clue). However, a more detailed consideration of the judgment may lead us to conclude that Lord Sumption was a clue indeed and that the corporate veil has survived fully intact, albeit it with the Supreme Court wedging open some doors for family lawyers on the issues of trusts and inferences to be drawn from both pre- and post-litigation behaviour.”

Full story

New Law Journal, 27th June 2013

Source: www.newlawjournal.co.uk

Wife in £20m divorce rifled husband’s safe while he played golf – Daily Telegraph

Posted June 26th, 2013 in divorce, financial provision, freezing injunctions, news by sally

“A wife persuaded a court to freeze £20 million of her husband’s assets using papers she raided from his safe while he was out playing golf, a High Court judge has disclosed.”

Full story

Daily Telegraph, 25th June 2013

Source: www.telegraph.co.uk

The Daily Telegraph have recently introduced a limited paywall. Users will be permitted to view 20 Daily Telegraph articles per month for free, after which they will need to pay a subscription fee to access content.

A heavy cost? (Pt 2) – New Law Journal

“David Burrows continues his review of how LASPO has influenced the funding landscape of family litigation.”

Full story

New Law Journal, 20th June 2013

Source: www.newlawjournal.co.uk

Prest v Prest and others – WLR Daily

Prest v Prest and others [2013] UKSC 34; [2013] WLR (D) 237

“If a person was under an existing legal obligation or liability, or subject to an existing legal restriction, which he deliberately evaded or the enforcement he deliberately frustrated by interposing a company under his control, the court could ‘pierce the corporate veil’ but only for the purpose of depriving the company or its controller of the advantage which they would otherwise have obtained by the company’s separate legal personality.”

WLR Daily, 12th June 2013

Source: www.iclr.co.uk

Prest v Petrodel Resources Limited 2013 UKSC 34 a victory for common sense – article by Elizabeth Darlington – Zenith Chambers

“In summary, the Supreme Court (comprising Lords Neuberger, Walker, Mance, Clarke, Wilson, Sumption and Lady Hale) has unanimously upheld the wife’s appeal and found that the Respondent group of companies held the assets on trust for the Husband. The assets therefore constitute property to which the husband is ‘entitled, either in possession or reversion’ for the purposes of section 24(1)(a) MCA.”

Full story

Zenith Chambers, 12th June 2013

Source: www.zenithchambers.co.uk

The Supreme Court grasps the nettle in Prest v Petrodel Resources Ltd – 11 Stone Buildings

“On 12th June 2013, the Supreme Court delivered judgment in the eagerly anticipated appeal in Prest v Petrodel Resources Limited [2013] UKSC 34. For the second time this year, the Supreme Court has had to grapple with the circumstances in which it is appropriate to pierce the corporate veil, the previous decision being that of VTB Capital plc v Nutritek International Corp [2013] 2 WLR 398 (a case in which a number of 11 SB members were involved). Unlike in VTB Capital, however, this time the Supreme Court grasped the nettle and gave some practical guidance as to the reach and limitations of the doctrine.”

Full story (PDF)

11 Stone Buildings, June 2013

Source: www.11sb.com

Stripping Away the Veil of Deceit: Prest v Petrodel – Family Law Week

Posted June 14th, 2013 in company law, divorce, financial provision, matrimonial home, news by sally

“John Wilson QC of 1 Hare Court analyses the Supreme Court’s judgment in the landmark case of Prest v Petrodel and considers its implications for family lawyers.”

Full story

Family Law Week, 14th June 2013

Source: www.familylawweek.com

Petrodel Resources Limited and others (Respondents) v Prest (Appellant) – Supreme Court

Posted June 13th, 2013 in company law, divorce, financial provision, law reports, Supreme Court by sally

Petrodel Resources Limited and others (Respondents) v Prest (Appellant) [2013] UKSC 34 | UKSC 2013/0004 (YouTube)

Supreme Court, 12th June 2013

Source: www.youtube.com/user/UKSupremeCourt

Prest v Prest: supreme court prepares to rule on landmark divorce wrangle – The Guardian

“Does a one-man company metamorphose into one man simply because the person with a wish to abstract its assets is his wife?”

Full story

The Guardian, 10th June 2013

Source: www.guardian.co.uk

Scuppering unscrupulous spouses – New Law Journal

Posted June 10th, 2013 in divorce, equity, family courts, financial provision, news, setting aside by sally

“What are the implications of a court setting aside a disposal made by a divorcing spouse to a third party? Anna Heenan & Ed Heaton report.”

Full story

New Law Journal, 7th June 2013

Source: www.newlawjournal.co.uk

A fair split, or a ‘charter for cheats’? Supreme Court to rule in landmark divorce case – The Independent

“Millionaire businessmen will be able to ‘stick two fingers up’ at judges if the highest court in the land rules against a former wife in a high-profile divorce case this week, her lawyers said yesterday.”

Full story

The Independent, 9th June 2013

Source: www.independent.co.uk

Maintenance Pending Suit Revisited – Family Law Week

Posted May 28th, 2013 in family courts, financial provision, news by sally

“Alexander Chandler of 1 King’s Bench Walk, Temple, London revisits and updates an article originally published in February 2010 in light of changes brought about by the Family Procedure Rules 2010.”

Full story

Family Law Week, 24th May 2013

Source: www.familylawweek.co.uk