Vardags — when you need to win

Georgina Hamblin discusses the 'Panama Papers' leaks and divorce

By John Oxley -

Vardags' director Georgina Hamblin has been interviewed by Lexis PSL on the impact the explosive leak of Mossack Fonseca documents might have on divorce proceedings for high and ultra-high net worth individuals.

Georgina highlighted the way that the leaks could highlight non-disclosure in already concluded proceedings, leading to cases being reopened following the decisions in Sharland v Sharland  and Gohil v Gohil, saying that "the Panama Papers could very well be the motivation that many have been waiting for to restart their hunt for hidden wealth".

Drawing on her expertise from a number of high value cases, Georgina discussed the  steps some parties take to disguise their wealth and the steps the English courts take to fight this, pointing out the "tremendous powers to undo transactions designed to defeat matrimonial claims, add assets back to the asset schedule (even if they have been spent), and ultimately, send people to prison for non-disclosure".

Reflecting on her own cases, Georgina observed that "extensive financial research, forensic work and enforcement applications" provided by Vardags' in house forensic team could see "cases turned on their heads".

If you would like to know more about the issues covered in this article, Vardags offers a free consultation to qualifying individuals.

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John Oxley

John first joined Vardags and spent a year with the firm as a paralegal to Ayesha Vardag before undertaking pupillage with leading matrimonial set QEB. He has appeared at all levels of the Family Court, representing clients successfully in a range of domestic violence, private children and ancillary relief cases. Upon completion of his pupillage, he returned to Vardags to work on the firm's strategy and business development.