Lamport Bassitt Logo

OVERVIEW  |  HISTORY  |  PARTNERS  |  CAREERS  |  CONTACT US  |  LOCATIONS

news image

         
  LATEST

LATEST LEGAL NEWS ARCHIVE
  LATEST NEWS & EVENTS

Secrecy imposed on £57m divorce case



A judge has imposed a secrecy order on a divorce case in which a husband's appeal for an £18 million settlement was turned down.

The ruling was made to protect the identities of the couple's three children, aged between nine and 16.

In an unusual case in family law, mediation and relationships, it emerged in court that the Israeli couple were multi-millionaires despite living in a semi-detached home and sending their children to state schools.

The wife had inherited a £57 million fortune from her scientist grandfather when she was just 15.

Her husband asked for £18 million to set up home in Regent's Park, but this was turned down by three Court of Appeal judges.

They instead said that a £5 million settlement was sufficient for his needs.

Lord Justice Wilson noted that the details of the case were extremely unusual.

"Throughout the marriage neither party generated any earned income. They had no need to," he said.

It comes as the Commons Justice Committee is carrying out an inquiry into the administration of the family justice system and reporting restrictions in cases involving children.

Posted by Paul StevensADNFCR-1678-ID-800550295-ADNFCR
Related Articles:
17/5/2012 -  Discussing death remains taboo as wills and inheritance tax planning suffers

11/5/2012 -  Queen's Speech legal reforms welcomed

4/5/2012 -  Create Lasting Power of Attorney before it's too late

2/5/2012 -  Support for will writing regulation grows

25/4/2012 -  Inheritance tax planning could net £450m a year in savings

More Individual Legal Services News
 
         

HOME  |  LATEST LEGAL NEWS  |  BOOKMARK US  |  FLASH WEBSITE  |  TEXT ZOOM

  © 2012 Lamport Bassitt DEFAULT ZOOM  |  DISABILITY INFORMATION  |  LEGAL INFORMATION