financial dispute resolution – Current Awareness

Rukhadze and others v Recovery Partners GP Ltd and another [2025] UKSC 10 – Blackstone Chambers

Posted March 21st, 2025 in appeals, chambers articles, fiduciary duty, financial dispute resolution, news, Supreme Court by sally

‘The Supreme Court has handed down judgment in an important appeal concerning fiduciary duties. Three individuals who had been appointed by their principal to pursue a lucrative business opportunity decided instead to pursue it for their own benefit. They were found at trial to have breached fiduciary duties owed to their principal. On the taking of an account of profits, they were found to have earned around $170m from the pursuit of the business opportunity, and were ordered to account to the principal for the entire sum less a 25% equitable allowance to reflect the work they had done in generating it’

Blackstone Chambers, 19th March 2025

Source: www.blackstonechambers.com

INXS’s former manager wins divorce battle after estranged parents secretly ‘gifted’ ex-husband £27.6m – The Independent

Posted February 19th, 2025 in divorce, families, financial dispute resolution, news by sally

‘A wealthy businesswoman has won a court fight against paying out £1.2m to her ex-husband after discovering her super-rich family had secretly “gifted” him £27.6m behind her back.’

The Independent, 18th February 2025

Source: www.independent.co.uk

Non disclosure and adverse inferences – Becket Chambers

Posted February 14th, 2025 in chambers articles, disclosure, divorce, families, financial dispute resolution, financial provision, news by sally

‘A common complaint of parties to financial remedy proceedings is they are often dissatisfied with the level of disclosure provided by their former spouse. In practical terms, what can a Court realistically do? Much depends on the nature of any non-disclosure. Sadly, it is fairly common for spouses to try to hide assets or evade disclosing them. Whilst it happens all too frequently, it does not mean we should turn a blind eye to it and just accept it is happening. This article provides some practical tips to maximise the power of the adverse inference.’

Becket Chambers, 10th February 2025

Source: becket-chambers.co.uk

MacQueen v MacQueen [2024] EWFC 400 (B) – Financial Remedies Journal

Posted February 7th, 2025 in bankruptcy, disclosure, divorce, families, financial dispute resolution, financial provision, news by sally

‘District Judge Ashby. Final hearing concerning an application for a final financial remedy order in proceedings concerning serious findings of non-disclosure.’

Financial Remedies Journal, 6th February 2025

Source: financialremediesjournal.com

HO v TL – Business Valuations, Trust Interests & Needs Plus Costs – Becket Chambers

Posted January 24th, 2025 in chambers articles, costs, divorce, families, family courts, financial dispute resolution, news by sally

‘In view of the name of this case HO v TL [2024] 2 FLR 175, and the fact that the family business was a hotel business, I really hope that it will become known as “The Hotel Case”. Anyway, it does deserve to become known, because it is another decision from Peel J of the type referred to by Edward Kenny in his article last month, i.e. a really useful authority that sets out fundamental points, and quite a lot of them in this case. What is more, the costs decision in this case is also reported HO v TL (Costs) [2024] 2 FLR 200 and fits into the same category.’

Becket Chambers, 18th December 2024

Source: becket-chambers.co.uk

Financial Remedies – Consent Orders – 33 Bedford Row

Posted January 7th, 2025 in chambers articles, consent, divorce, families, family courts, financial dispute resolution, financial provision, news by sally

‘Financial Remedies – obtaining approval of a consent order”

33 Bedford Row, 18th December 2024

Source: www.33bedfordrow.co.uk

Law Commission: scoping financial remedies on divorce – Law & Religion UK

Posted December 20th, 2024 in civil partnerships, divorce, financial dispute resolution, Law Commission, marriage, married persons, news by sally

‘On 18 December, the Law Commission published its scoping report on the laws governing finances on divorce and the ending of a civil partnership, an extract of which is reproduced below.’

Law & Religion UK, 18th December 2024

Source: lawandreligionuk.com

Child Maintenance and Mortgage Payments – New Guidance: LM v SSWP & NM [2024] UKUT 259 (AAC) – Financial Remedies Journal

Posted December 2nd, 2024 in child support, children, divorce, families, financial dispute resolution, financial provision, mortgages, news by sally

‘What happens if the Child Maintenance Service (CMS) has determined that a non-resident parent (NRP) is required to pay child maintenance to the parent-with-care (PWC), but payments are also being made towards the mortgage secured on the property in which PWC still lives with the qualifying child/children (QC)? Does it matter if the property is jointly owned by NRP and PWC? Will those mortgage payments reduce the amount of child maintenance?’

Financial Remedies Journal, 29th November 2024

Source: financialremediesjournal.com

Dangers of Applying PSOs Determined Using pre-McCloud CEVs on ‘McCloud compliant’ CEVs – Financial Remedies Journal

Posted November 25th, 2024 in divorce, families, family courts, financial dispute resolution, financial provision, news, pensions by sally

‘Those working in the Pensions on Divorce arena (whether PODEs, solicitors or scheme administrators) will by now be all too familiar with the McCloud ruling, and how much additional work this has caused for cases involving public sector pension schemes.’

Financial Remedies Journal, 21st November 2024

Source: financialremediesjournal.com

What can I do when my ex-partner refuses to comply with a financial remedy order? – Becket Chambers

Posted November 13th, 2024 in chambers articles, families, financial dispute resolution, financial provision, news by sally

‘Where a party to financial remedy proceedings fails to comply with a final order, there are numerous ways in which the order can be enforced. The rules relating to the enforcement of orders in family proceedings are found in Part 33 of the Family Procedure Rules 2010.’

Becket Chambers, 7th October 2024

Source: becket-chambers.co.uk

Conduct in financial remedy proceedings: N v J [2024] EWFC 184 – Becket Chambers

Posted November 13th, 2024 in chambers articles, cohabitation, families, family courts, financial dispute resolution, news by sally

‘It can often be a difficult and sensitive topic in financial remedy proceedings: what relevance is domestic abuse when considering a fair distribution of assets after separation?’

Becket Chambers, 1st October 2024

Source: becket-chambers.co.uk

The Autumn 2024 Budget: A Summary of the Key Reforms for Financial Remedy Practitioners – Financial Remedies Journal

Posted November 4th, 2024 in budgets, capital gains tax, corporation tax, divorce, education, families, financial dispute resolution, financial provision, foreign jurisdictions, inheritance tax, minimum wage, national insurance, news, stamp duty, taxation by sally

‘The Autumn Budget 2024 (“the Budget”) saw history being made as Rachel Reeves, who became our first female Chancellor of the Exchequer, set out arguably the biggest tax changes for a generation, set to raise taxes by £41bn by 2029/30 and said to be part of the Government’s plan to revitalise Britain. In this article, we will summarise the key reforms of the Budget, highlighting those which may be of particular relevance to financial remedy practitioners and their clients.’

Financial Remedies Journal, 1st November 2024

Source: financialremediesjournal.com

GH v GH – FDRs Are Not to Be Dispensed With – Financial Remedies Journal

Posted October 28th, 2024 in divorce, families, family courts, financial dispute resolution, news by sally

‘If ever there were any doubts as to the importance of the FDR appointment and the parties’ attendance at one, then Mr Justice Peel has unequivocally put those doubts to rest in his judgment in GH v GH [2024] EWFC 272, published on 3 October 2024. The court’s ongoing focus on assisting parties to resolve financial remedy proceedings in a timely and proportionate manner means that FDRs (including private FDRs) are, perhaps unsurprisingly, still receiving significant praise and judicial support.’

Financial Remedies Journal, 21st October 2024

Source: financialremediesjournal.com

No Special Favours: Litigants in Person and the Financial Remedies Court – Financial Remedies Journal

Posted October 28th, 2024 in divorce, families, family courts, financial dispute resolution, litigants in person, news by sally

‘No Special Favours: Litigants in Person and the Financial Remedies Court’

Financial Remedies Journal, 23rd October 2024

Source: financialremediesjournal.com

A 40-Year Revolution in Financial Remedies – Financial Remedies Journal

Posted October 21st, 2024 in child support, children, divorce, families, family courts, financial dispute resolution, financial provision, news by sally

‘My subject today is revolution. Don’t worry. I am not advocating a take-over of the country by Tommy Robinson or Piers Corbyn. I am talking about the fundamental transformation of financial remedy work since I undertook my first ever case on 19 July 1983 in the Edmonton County Court, just over 41 years ago.’

Financial Remedies Journal, 16th October 2024

Source: financialremediesjournal.com

Form FM5 and MIAM’s – Becket Chambers

Posted October 18th, 2024 in chambers articles, children, costs, dispute resolution, families, financial dispute resolution, financial provision, news by sally

‘It has been a requirement for a number of years that before financial proceedings or children matters that the applicant, save for a few exemptions, is required to attend a Mediation Information and Assessment Meeting [MIAM]. Often by the time parties attend their MIAM, they have reached the stage of utter frustration and have felt that the only way forward was to go to court. The MIAM for some people became a mere hurdle to be overcome so that they could go to court, it was a tick box exercise.’

Becket Chambers, 24th September 2024

Source: becket-chambers.co.uk

Delaying a Divorce Because of Financial Prejudice: The New No-fault Law and Practice – Financial Remedies Journal

Posted October 14th, 2024 in delay, divorce, families, family courts, financial dispute resolution, financial provision, news by sally

‘There can be real loss and prejudice in some divorce cases if the final divorce order, previously the decree absolute, is granted before the final financial settlement and its implementation in circumstances when the paying party then dies. Automatic entitlement to pensions, the primary circumstance, but also insurance policies, beneficial interest in trusts and similar are then not available as the applicant is now divorced, financial remedy claims are no longer available after death and there might have to be a difficult and separate civil claim.’

Financial Remedies Journal, 7th October 2024

Source: financialremediesjournal.com

Resolution’s Report on Domestic Abuse in Financial Remedy Proceedings: An Overview of the Key Findings and Recommendations – Financial Remedies Journal

Posted October 14th, 2024 in divorce, domestic violence, families, family courts, financial dispute resolution, financial provision, news by sally

‘Resolution’s Report on Domestic Abuse in Financial Remedy Proceedings: An Overview of the Key Findings and Recommendations.’

Financial Remedies Journal, 8th October 2024

Source: financialremediesjournal.com

Enhancing Public Understanding of Financial Remedies on Divorce – Financial Remedies Journal

Posted September 23rd, 2024 in divorce, families, family courts, financial dispute resolution, financial provision, legal profession, news by sally

‘Why is it that lawyers think that the principles underpinning financial remedies are clear, and yet the public are often perplexed? The issue is one of communication, or rather translating the law into plain English.’

Financial Remedies Journal, 20th September 2024

Source: financialremediesjournal.com

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