The divorce case which has consumed legal London for around 7 years finally came to an end, with Vardags securing a victory for the wife. During the course of the lengthy proceedings, businessman Scot Young claimed that he had lost all his money in a property deal turned sour, whilst his wife fought for a multi-million pound settlement.
Following representation by Vardags at the final hearing, Michelle Young was awarded a £20million lump-sum as well as one of the largest costs awards ever made in the family courts.
Catherine Thomas, the Vardags director who represented Michelle Young, commented “This case has been amongst the most complex in English divorce law history, in which a number of high profile witnesses were called, including Sir Philip Green and Richard Caring. There were 10,000 pages of court documents, 24 witnesses and assets spanning three continents, which really gives a sense of the scale and magnitude of the case. The verdict sends a strong message to those across the world seeking to hide their true wealth from their spouse – even the most intricate of financial arrangements can be exposed by specialist law firms."
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.