Banker order to pay sum owed to ex-wife

May 18, 2017 0 comments

financial settlement

A former husband who lost his appeal against an maintenance award has been told to pay £30,000. In the latest stage of a complex dispute between a wealthy banker and his ex-wife, he had been ordered to pay the sum in July last year. It followed his unsuccessful appeal against a ‘Hadkinson order’. This stipulates…

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Discrimination and special contributions

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April 12, 2017 8 comments

finances and divorce

For the second time in under a week, senior judges have considered whether one person’s contribution to a marriage was so significant that it should be labelled “special”, thereby entitling that person to a greater share of the family’s wealth. In the most recent case involving Randy Work and his wife, Mandy Gray, the Court…

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Farmer cites Brexit in divorce appeal

April 11, 2017 0 comments

finances and divorce

A multi-millionaire fruit farmer from Kent has been given permission to appeal a divorce settlement, saying it had failed to account for the role played by his father in the creation of the family fortune. In recent divorce proceedings the 56 year-old’s wife was awarded £12.2 million from assets of around £30 million, the Evening…

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Canadian father must pay twice his income in maintenance

April 10, 2017 9 comments

family law

A father in the Canadian provice of Ontario is required to pay twice his after-tax monthly income in spousal and child support, a newspaper reports. The 51 year-old, from Oshawa, 60 miles east of Toronto, currently earns approximately CA $5,400 (£3,251) a month before taxes, as a consultant for a flooring company, according to the…

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The Peng-Chai divorce: lessons to be learned?

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April 7, 2017 1 comment

financial settlement

The High Court has just handed down its judgment in relation to the marriage of Mrs Pauline Chai and her husband Mr Khoo Kay Peng. The couple had been married for over 42 years. They had five children together and had lived in Malaysia until Mrs Chai moved to this country. There followed a long running argument…

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