A New York man is suing his former wife for allegedly hiding Twitter shares now worth between $10 million and $50 million during their divorce.
Stuart Strumwasser and Jennifer Johnson divorced in 2006, and have twin nine-year-old sons. Mr Strumwasser pays $2,465 a month in child support, according to court papers, but alleges that his former wife... Read More
This week’s National Survey of Sexual Attitudes and Lifestyles suggested that people on average are having only two-thirds as much sex as in 2001. The once-a-decade study, overseen by academics from the world-leading University College London and the London School of Hygiene and Tropical Medicine, showed that a man was having sex 4.9 times a... Read More
Contrary to popular belief, husbands and wives are entitled to privacy against each other. You must take these duties seriously, as there could be both civil and criminal sanctions for you if you obtain or use confidential documents during your financial proceedings which belong to your spouse.
What count as confidential documents?
These can be... Read More
Prenuptial agreements have now become a crucial way to ensure the protection of assets, something which is important for all individuals intending to marry to be aware of. Since 2010, the courts of England and Wales have been willing to uphold the autonomy of individuals who enter into an agreement regarding how their assets will be divided in the... Read More
Mr Justice Holman, a senior High Court judge, recently offered a divorced husband an incentive of £10,000 in order to assist his former wife in recovering various missing items of jewellery.
The parties were unable to resolve financial matters and the case proceeded to a final hearing. The husband and wife were both academics and the main asset... Read More
Somewhat surprisingly, there is no statutory definition of a nuptial settlement. The guidance of Lord Nicholls in Brooks v Brooks AC 375 offers a helpful starting point: a trust that makes “some form of continuing provision for the parties…” is a broad definition that should “embrace all settlements in respect of the... Read More
The Cohabitation Rights Bill had its first reading in the House of Lords on 9 October 2013. The bill proposes that cohabitees who have lived together as a couple for two years or more, and/or have a child together, will have the right to apply for financial remedies. The bill does not go so far as to offer cohabitees the full range of financial... Read More
Catherine Thomas, Senior Director at Vardags, who represented Michelle Young, reflects on the conclusion of the landmark case Young v Young and predicts an increase on the horizon of many more cases involving non-disclosure and asset hiding in the ‘cat and mouse’ game of international divorce. Read the feature here Read More
The recent decision of the High Court in M v M EWHC 2534 (Fam) saw the award of £53 million to the wife, an award thought to be the highest to date in a contested divorce. The case involved assets of over £107 million and provides family lawyers with a lengthy and descriptive judgment, applying the principles set out in the... Read More
Vardags Limited (trading as Vardags) is a company registered in England and Wales (Company No. 7199468), with its registered office at 10 Old Bailey, London, EC4M 7NG. Vardags is authorised and regulated by the Solicitors Regulation Authority (SRA Number 535955). The term “director” is used to refer to a director of Vardags Limited or an employee or consultant of Vardags Limited with equivalent standing. A list of the names of the directors of Vardags Limited together with a list of those who are designated as directors is open to inspection at the above address. VAT number: 99 001 7230.