Divorce and the family business by Gareth Curtis

January 17, 2018 0 comments

finances and divorce

It is not an understatement to say that small and medium sized businesses are the cornerstone of the British economy. For example according to the Department for Business, Innovation and Skills, there were a record 5.7 million private sector businesses at the start of 2017 and total employment in SMEs was 16.1 million: 60 per…

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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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Professional golfer reaches last minute divorce settlement

November 14, 2017 0 comments

divorce

English professional golfer Lee Westwood has reached a last minute financial settlement with his estranged wife, avoiding a court hearing in Florida. Westwood married Laurae (sic) Coltart in 1999 – the sister of rival professional golfer Andrew Coltart. The couple went on to have two children but the relationship broke down in 2015 and they…

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Daughter of Formula 1 tycoon completes divorce

October 13, 2017 0 comments

finances and divorce

The daughter of high profile Formula One boss Bernie Ecclestone has brought her six year marriage to an end. Petra Ecclestone married businessman James Stunt in Italy six years ago. A prenuptial agreement was signed before the ceremony. But when the relationship broke down the family feared an extended courtroom clash over the couple’s multi-billion…

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Homemade separation agreements are a bad idea

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September 28, 2017 3 comments

family law

I recall when I was practising occasionally coming across cases where, prior to consulting solicitors, the husband and wife had drawn up a written agreement purporting to set out an agreed financial/property settlement between them. Naturally, the parties (or at least one of them), would believe that the agreement was enforceable, setting in stone the…

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