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Family Law Week: Financial Remedy Update, March 2021 familylawweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from familylawweek.co.uk Daily Mail and Mail on Sunday newspapers.
AG v VD[ 2021] EWFC 9 Matrimonial finance proceedings with a jurisdictional issue resolved in favour of the English court despite previous financial proceedings in Russia. H lost on his assertion that he had transferred most of his wealth to his son from a previous marriage. But H’s substantial assets from property development businesses were determined to be pre-marital. The matter therefore concluded with an award based on need, not on sharing as sought by W.
Background The relationship was one of only 8 years and the parties had no children from their union (although each had offspring from previous marriages, the youngest being W s daughter, 17 years old). H was 56 and W was 51 at the time of the judgment. W sought to make a sharing claim, seeking a transfer of the matrimonial home and a lump sum of £3.8m (para 126). H argued that the court in Russia, where the parties divorced and where financial proceedings first took place, made a fair and reasonab ....