Ex-wife of Swedish property developer seeks larger settlement

February 8, 2018 1 comment

family law

The ex-wife of a wealthy Swedish property developer has returned to court seeking a larger financial settlement. Prior to the divorce, Gerard Versteegh had an estimated fortune of £273 million. He and wife Camilla were married for 21 years and had three children together before a “traumatic” breakup in 2014. After marrying in Stockholm, the…

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Divorcing husband fined for ‘harassing’ wife

February 7, 2018 13 comments

family law

A Cheshire husband has been found guilty of harassing his estranged wife by contacting her directly rather than going through a solicitor. The 45 year-old businessman, from Knutsford, moved out of the couple’s home in 2015 after a ten year marriage, and divorce proceedings followed. The couple had known each other since their school days,…

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Divorcing couple ‘have lost touch with reality’

February 5, 2018 1 comment

family law

A divorcing couple have spent almost a third of their wealth on legal fees as their acrimonious divorce continues. The estranged pair run a firm supplying luxury bath wear to hotels and spas. Thanks to its success they accumulated around £6.6 million in assets: but have already spent close to £2 million of that arguing…

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Russian oil billionaire appeals £453 million settlement

February 1, 2018 0 comments

finances and divorce

A Russian oil billionaire has appealed against a £453 million financial settlement, The Guardian reports. If his appeal is unsuccessful, the award could be the biggest settlement ever made in an English divorce court. Oil trader Farkhad Akhmedov, 62, met his wife Tatiana in Moscow in 1989. They married and moved to London four years later, enjoying…

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‘Family based’ arrangements working well says government

January 27, 2018 2 comments

child support

The overwhelming majority of ‘family-based arrangements’ between divorced parents work smoothly, the government has claimed. ‘Family-based arrangements’ are voluntary agreements between parents to pay child maintenance. They contrast with ‘statutory’ arrangements, in which the government intervenes and enforces payment on recalcitrant parents. According to new figures from the Department for Work and Pensions, 85 per…

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Millionaires’ ex-wives vs the divorce courts

January 18, 2018 3 comments

finances and divorce

Last night’s BBC Two show Millionaires’ Ex-Wives Club profiled the former spouses of two wealthy businessmen and the drawn-out courtroom battles that followed the ends of their marriages. Lisa Imerman fought her former husband Vivian for a share of his huge fortune. His original wealth had been made in the fruit juice industry before their…

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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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