One would of course normally expect the parties to a financial remedy application on divorce to incur reasonably similar amounts of legal costs, assuming that they are both legally represented. But what if one party incurred significantly more costs than the other?...
It should go without saying that when you are involved in financial remedy proceedings on divorce (or, indeed, in any type of court proceedings) you should comply with all orders and requirements of the court, and generally conduct yourself in an honest and...
One might imagine that dividing matrimonial assets on divorce involves simply calculating the total value of the assets and deciding how that total should be divided between the parties. However, there can be a problem with such a simplistic approach. Not all assets...
When the court considers a financial settlement on divorce it will take into account all of the circumstances of the case, including the income, property and other financial resources of the parties, the duration of the marriage, and the contributions which each of...
It is not uncommon that one spouse will seek a share of the other spouse’s business assets on divorce. But this raises at least two questions: how do you go about valuing the share, and how can the share be realised, given in particular that an immediate sale of the...
It is not unusual that a party to a financial remedy application on divorce may claim that the other party has purposely dissipated assets, with the aim of reducing the amount that the party making the claim will receive. If such a claim is successful it will be taken...