Following the latest hearing in the divorce of former Miss Malaysia Pauline Chai from her entrepreneur husband Khoo Kay Peng, The Washington Post reported on London’s position as the ‘divorce capital of the world’ and the large settlements which the court can order.
The article explained how England’s position on divorce, which sees marriage as a partnership and seeks to share the assets built up during the relationship. Speaking to the paper, Ayesha Vardag explained “Of the two parties to a marriage, it doesn’t matter who was the breadwinner and who was the homemaker. They are equal partners in a marriage, and they are entitled equally to share in the fruits of that marriage.”
Turning to those with more of the financial clout in a relationship, she suggested that they “Hop on the Eurostar and get over to France, where the laws are very different”.
The paper went on to report on a number of high profile divorces, including reports that Monty Python’s Terry Jones had agreed to come out of retirement to fund maintenance for his former wife. The article also discussed the possibility of England changing its laws to reduced the generous life-long support which is awarded in some cases, as well as the rise in prenups following Vardags’ victory for Katrin Radmacher in 2010.
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.
Vardags uses the term ‘Partner’ as a professional title only, to describe a Senior Solicitor, Employee or Consultant with relevant experience, expertise and qualifications (whether legally qualified or otherwise) to merit the title. Our Partners are not partners in the legal sense. They are not liable for the debts, liabilities or obligations of Vardags Limited. Similarly, the term ’Director’ is a professional title only, to describe a non-legally qualified employee or consultant of Vardags with relevant experience, expertise and qualifications to merit the title. It does not necessarily imply that the relevant individual is a director of Vardags Limited.
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.