Billionaire property magnate Sir Frederick Barclay had been involved in a dispute with three of his late brother Sir David s sons over conversations secretly taped at the Ritz hotel in London.
By Press Association 2021
Sir Frederick Barclay
One of Britain’s most famous businessmen has been criticised by a High Court judge after becoming embroiled in a fight over money with his estranged wife.
Mr Justice Cohen said Sir Frederick Barclay, 86, sold a luxury yacht and “applied the equity for his own use” in breach of orders.
He said he regarded that as “reprehensible”, in a ruling published on Wednesday.
The judge said he had ruled that Lady Hiroko Barclay should receive lump sums totalling £100 million. She had wanted £120 million.
Sir Frederick had made an offer which might have led to Lady Barclay receiving nothing, the judge said.
Sir Fred Barclay’s behaviour ‘reprehensible’ in money fight with wife – judge 05/05/2021, 5:06 pm
Sir Frederick Barclay (left) leaves the High Court in London, after a preliminary hearing in his row over money with Lady Hiroko Barclay (Kirsty O’Connor/PA)
Businessman Sir Frederick Barclay behaved in a “reprehensible” fashion during a High Court fight over money with his estranged wife, a judge has said.
Mr Justice Cohen said Sir Frederick, 86, sold a luxury yacht and “applied the equity for his own use” in breach of orders.
The judge said, in a ruling published on Wednesday, that he regarded Sir Frederick’s behaviour as “reprehensible”.
By Press Association 2021
Sir Frederick Barclay
One of Britain’s most famous businessmen has been criticised by a High Court judge after becoming embroiled in a fight over money with his estranged wife.
Mr Justice Cohen said Sir Frederick Barclay, 86, sold a luxury yacht and “applied the equity for his own use” in breach of orders.
He said he regarded that as “reprehensible”, in a ruling published on Wednesday.
The judge said he had ruled that Lady Hiroko Barclay should receive lump sums totalling £100 million. She had wanted £120 million.
Sir Frederick had made an offer which might have led to Lady Barclay receiving nothing, the judge said.
Sir Frederick Barclay has been ordered to pay his estranged wife £100million after a judge blasted the Telegraph owner for selling a luxury yacht and keeping the proceeds for himself.
Mr Justice Cohen said Sir Frederick Barclay, 86, sold a luxury yacht and applied the equity for his own use in breach of orders.
He said he regarded that as reprehensible , in a ruling published on Wednesday.
The judge said he had ruled that Lady Hiroko Barclay should receive lump sums totalling £100million. She had wanted £120million.
Judge Mr Justice Cohen said he had ruled that Lady Hiroko Barclay (pictured with lawyer Fiona Shackleton outside the High Court in London at an earlier hearing) should receive lump sums totalling £100million