If you are involved with a family member’s divorce, or your company has been drawn into an owner’s family litigation, it is vital that you get top representation as soon as you can.
The English family courts have a wide discretion to make orders against property, even when that property is held in the name of another person. Equally, the courts will often look at extracting cash from businesses owned by one of the parties.
If you have been joined to a divorce, it is possible that the court will look to make orders against property in your name.
Furthermore, if you are the new partner of a party involved in divorce proceedings, any large gifts or money transfers may be scrutinised by the court to ensure they do not constitute attempts to hide assets.
Although extremely rare, it is also possible that if you are involved with one of the parties in divorce proceedings, the petitioner may attempt to name you as a co-respondent if they are filing for a divorce based on adultery. This, however, is extremely unlikely to happen and the Family Procedure Rules 2010 state that a third party should only be named if it is thought the divorce petition may be contested. Again, contesting divorce petitions is extremely rare.
As top family lawyers, we have over a decade of experience of big money divorce cases. We combine high quality legal advice with an unrivalled in-house financial forensic team. We will help you to engage with the divorce proceedings and defend your assets.
We offer a free consultation to qualifying individuals. Please call our confidential enquiry line on 020 7404 9390 or email us. Lines are staffed 24 hours.
Under section 37 of the Matrimonial Causes Act, a transfer of property can be set aside if the court is satisfied that it was done to frustrate a matrimonial claim. If you have received property from a parent, it is possible that, on divorce, the other parent or step-parent might try to set it aside.
Sometimes a wealthy parent can be joined to divorce proceedings, for example if they have a history of making large payments to their child, or if they are likely to be the one who meets the order.
If this happens to you, you will want to protect your wealth and minimise the amount you might have to pay to your child’s spouse. The involvement of third parties is very fact specific, but as experienced family lawyers, Vardags will help you minimise the cost of your involvement.
When an entrepreneur gets divorced, their spouse can sometimes try to get their company joined to proceedings. In doing so, they might be trying to extract cash from the business or dispute how it is owned and held. If you find yourself in this situation, you may well want to make representations to the court.
Vardags, with our corporate understanding and family law expertise, are well placed to advise you. Our in-house forensic accountancy team can help you produce realistic arguments about the value, ownership, and liquidity of the business, whilst understanding the aims and procedure of the family courts.
We offer a free consultation to qualifying individuals. Please call our confidential enquiry line on 020 7404 9390. Lines are staffed 24 hours.
When you contact us a member of our client relations team will take the full details of your situation, assess whether we can assist you, and if so, determine the best team for your case.
Vardags is one of the UK’s leading divorce law firms. We specialise in complex, high net worth and international cases. The Legal 500 has said of Vardags: “The team is noted for its sheer intellect”
Vardags is among the leading family law firms in the UK. Our solicitors specialise in complex cases for high net worth individuals, including international child relocation, child abduction, and prenuptial agreements. The Legal 500 has said that "clients feel in totally safe hands" with Vardags' Children & Family lawyers.
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