Li Quan and Stuart Bray met in 1990, and married in 2001. Both were united by their passion for saving the Chinese tiger and invested vast amounts of time and money into a venture to save the endangered animals.
During the course of their marriage, the husband transferred almost all his wealth to a charitable trust registered in Mauritius. Though this was ostensibly to support their tiger project, the wife, represented by Vardags, has argued that it was set up in such a way that the husband could extract wealth from it, and that it was used to fund their lifestyle during the marriage. She sought to argue that the money was settled as part of a “nuptial settlement”, a special kind of trust which the court can vary in matrimonial proceedings.
The Court of Appeal found against the wife in a hearing held from 31 January to 2 February 2017.
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Vardags Limited is a limited company trading as Vardags, Company No 7199468, registered in England and Wales, having its registered office at 10 Old Bailey, London EC4M 7NG. Vardags is authorised and regulated by the Solicitors Regulation Authority (SRA Number 535955). Its VAT number is 99 001 7230.
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A list of the directors of Vardags Limited and a list of the names of those using the title of ’Director’ and ’Partner’ together with their official status is available for inspection at Vardags’ registered office.