Ex-husband ‘won the lottery’ in divorce court says trader

January 9, 2018 4 comments

financial settlement

A wealthy financial trader has claimed her now ex-husband “won the lottery” with a sizeable divorce settlement. Julie and Robin Sharp divorced in 2014, after a six year, childless relationship. She accumulated a multimillion pound fortune buying and selling energy stocks and bonds, earning huge bonuses. Meanwhile, Mr Sharp worked as an IT consultant, but…

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Scottish divorce law ‘leaves wives worse off’

December 13, 2017 5 comments

finances and divorce

Differences between Scottish and English divorce law can leave wives worse off according to a legal organisation. Consensus Collaboration Scotland is a north-of-the-border network of lawyers and financial experts working to promote alternatives to the courtroom for divorces and family disputes. Speaking to Scottish newspaper The Herald, member Denise Laverty noted that: “One of the…

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President announces financial remedies courts

December 4, 2017 0 comments

family law

Her Majesty’s Courts and Tribunals Service will begin trialling a new specialist financial remedies court next year, Sir James Munby has announced. In an official circular, the President of the Family Division said the case for a national network of such courts had been “persuasively argued” by legal authorities. He noted that he had himself…

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Child maintenance evaders targeted by new bill

November 29, 2017 8 comments

family law

A private member’s bill on child maintenance evasion has received its first reading in the House of Commons. Heidi Allen is the Tory MP for South Cambridgeshire. She introduced the Child Maintenance Income Assessment Bill under the Ten Minute Rule Procedure. It aims to “equalise the assessment and enforcement of child maintenance arrangements of children…

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Form E failures: dos and don’ts during disclosure

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November 24, 2017 2 comments

finances and divorce

When a marriage that has broken down irretrievably, parties in the process of obtaining a divorce or separation are expected to make full, frank, relevant and continuing financial disclosure to each other, setting out full details of their circumstances. Family law group Resolution encourages, and indeed expects, both parties to voluntarily begin financial disclosure at…

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