Wealthy businessmen may be witnesses in multimillion Scot Young divorce clash
Property developer Scot Young has been involved in an increasingly bitter seven year-dispute with ex-wife Michelle over the whereabouts of his fortune. She claims he has hidden millions in off-shore tax havens while he insists he went bankrupt after the failure of a major property deal in Moscow.
Mr Young claims influential business contacts made a number of large payments to Mrs Young prior to October 2009 to help meet her expenses but she believes this money really came from her former husand. He also claims his contacts have provided him with extensive funding since his bankrupcty but he has not provided any evidence for this, The Independent claims.
The friends include Sir Philip Green, chairman of high street retail company the Arcadia Group, and Richard Caring, a billionaire businessman and restauranteur who owns both The Ivy and Annabel’s nightcub.
At a High Court hearing earlier this week, Mr Justice Moor said some of Mr Young’s benefactors could be called to give evidence at the hearing in October.
“Let’s not beat about the bush. Ms Young’s case is that his friends are a front for [Mr Young’s] wealth… I want to hear from these people.”
Young received a six month jail sentence forcontempt of court in January after failing to reveal court-ordered financial details. In his judgement at the time, Mr Justice Moor criticised Young’s claims about his financial benefactors.
“It is absurd to say that these friends are prepared to support him financially to such a huge extent but that not one of them is prepared to produce any documentary evidence that the money came from them. There is no evidence he has tried to obtain such information from them.”
Scot Young was released from Pentonville Prison in April.
Share this post
Get free family law updates
Marilyn Stowe’s new book: expert advice on all aspects of divorce, just 99p!
Divorce & Splitting Up by Marilyn Stowe is the essential how-to book for anyone who is getting divorced or splitting up from a partner. Read more >>
"A must buy that really opens your eyes to what is involved if you are considering or going through a divorce." - Amanda Brown
"This will answer your questions in a way that non-lawyers can understand." - Miss P.
"Don't get divorced without it. I read this book despite being divorced for more than 10 years. I wish I'd had this book to hand at the time. Great examples, simple to read and understand." - Jamie
"This really has helped me to see that there is light at the end of the tunnel and I will come out of it a stronger person." - J
Marilyn Stowe on SKY News & ITV This Morning
- Andrew on English family law à la française by guest blogger Melanie Bataillard-Samuel
- Marilyn Stowe on Financial Dispute Resolution – look out for these stumbling blocks
- John on Financial Dispute Resolution – look out for these stumbling blocks
- JamesB on English family law à la française by guest blogger Melanie Bataillard-Samuel
- Andrew on Family courts may struggle to find expert witnesses following fee cut, social worker claims
Subscribe & Follow
In the Media
Marilyn Stowe is the senior partner in Stowe Family Law, which has offices in Yorkshire, Cheshire and London. With more than 30 years’ experience handling divorce cases and family law proceedings she is regarded as one of the most formidable and sought after divorce lawyers in the UK. In 2012, Marilyn became one of the first solicitors to qualify as a family law arbitrator.
All persons mentioned in the scenarios are fictitious: details have been deliberately changed in order to protect identities and other confidential circumstances of my clients. All advice and information on this blog including posts written by guest authors, is given only as a general guide to the operation of the law on the date of publication. Readers must place no reliance whatsoever on the content of this blog and must always obtain their own legal advice. Marilyn Stowe, Stowe Family Law LLP and guest authors accept no liability whatsoever arising as a result of reliance upon its content.
Contact Stowe Family Law
These downloads accompany Marilyn Stowe's latest book: Divorce & Splitting Up: Advice From a Top Divorce Lawyer. After opening, right click to save to your computer.
For more free downloads, visit the Downloads section.