A Russian housewife who was awarded £453m by a London divorce court judge after her marriage ended has won the latest round of a legal battle. Tatiana Akhmedova was given a 41.5% share of Farkhad Akhmedov’s fortune by Mr Justice Haddon-Cave following a hearing in the Family Division of the High Court. This award
A solicitor who hid thousands of pounds worth of assets during the course of divorce proceedings has been struck off the roll. According to the Law Gazette, Mamoon Rashid Chaudhary, formerly a member of South Yorkshire firm Oxley & Coward Solicitors LLP, admitted signing a statement of truth which failed to declare his interest in a
According to new research from Prudential, divorcees who plan to retire in 2018 can expect their yearly income to drop by £3,800 compared to those who’ve never divorced. The Prudential annual study has run for the last 11 years and tracks the finances, future plans and aspirations of people planning to retire in the year
A Russian businessman claims his estranged wife cannot divorce him in England because they are already divorced. The man told a High Court judge that he divorced his wife in Russia 12 years ago. His estranged wife, however, disagrees saying that obtained a “fraudulent” divorce in Russia. The woman, who is also Russian, argues that
A wife who signed a pre-nup before marrying a multi-millionare has been given £90 million after their divorce. However, she is fighting for more as she claims that amount is “unfair.” Property tycoon, Gerard Versteegh and Camilla Versteegh were married for 21 years. A court battle ensued after they split in 2014. Mrs Versteegh was
A High Court judge was asked to determine whether an estranged couple who took part in an Islamic wedding ceremony in a London restaurant are validly married. Nasreen Akhter, 46, claims her “Islamic faith marriage” to Mohammed Shabaz Khan, also 46, was a “valid marriage”. Mr Khan, however, has contested this. Mr Justice Williams is
A judge has described a divorcing couple’s battle over assets as a “scandalous waste of court time.” Barbara Cooke, 58, and Michael Parker, 55 have reportedly spent almost £2m on lawyers’ fees while fighting over assets worth £6.6m. Mr Justice Holman said that the pair had “completely lost touch with reality.” The dispute was heard
Divorcing couples will be asked to fill a tick box form online detailing the money and assets they each want under sweeping plans to streamline the system. The newly-established ‘Financial Remedies Courts’ will then use the ten-page document to rule on the financial side of a divorce. The form allows spouses to tick boxes asking
Couples seeking “quickie divorces” can hasten the process with a new online service launched by the Co-op. The fixed-fee digital service from Co-op Legal Services allows people to start uncontested divorces online from home, supported by phone-based advice from experienced solicitors. Co-op already offers online wills and powers of attorney. Co-op estimates the service could cut the
The digital currency, Bitcoin, will be considered like any other asset in divorce proceedings in England and Wales. According to familylaw.co.uk as Bitcoin, like stocks will fluctuate, the value of Bitcoin to be considered in the proceedings would have to be determined by a judge. This valuation is likely to be made for the point