| Industry News |
|
| News » Divorce Law » Right to appeal for ex-wife in divorce case |
|
02/07/2009
Right to appeal for ex-wife in divorce case |
|
A woman has won the right to appeal against a judge's decision to make her pay £5 million to her ex-husband, whose finances have been hit by the economic downturn.
Elena Bowes Marano and Peter Marano separated in February 2007, with presiding Mrs Justice King splitting their assets equally.
However, the divorce judge later ruled that Ms Marano should pay back £5 million to her ex, after an investment that saw him acquire £88 million of equity in two major London property developments went sour and left him £10 million in the negative.
The test case will likely be being watched closely by divorce lawyers, with the Daily Mail reporting that it "could have far-reaching consequences" for similar major money disputes.
Lord Justice Thorpe - one of the three judges making the decision on whether the appeal could go ahead - said he had "some hesitation" about the matter, but felt "justice requires" the case to be heard.
Written by Pauline Adams |
| |
| Related Articles |
10/03/2010
Supreme Court grants Nigerian woman larger divorce settlement
A woman who was originally from Nigeria has been granted a larger divorce settlement at London's Supreme Court after she challenged the original one made in Africa.
|
05/03/2010
Landowner requests permission to appeal against divorce settlement
A man who inherited a mansion in Oxfordshire has asked permission to appeal against a divorce settlement ordered last year.
|
17/02/2010
Wills and pre-nups 'could give couples peace of mind'
Making proper financial arrangements such as will-writing and drawing up a pre-nuptial agreement could be the easiest way for couples to get peace of mind.
|
22/01/2010
Stolen details divorce case to go to appeal
The estranged wife of a former whisky tycoon faces an appeal against the decision to allow her to use stolen documents in her battle for a share of her former husband's £300 million fortune.
|
15/01/2010
Divorce settlement challenged
A multi-million divorce settlement faces a legal challenge after an ex-wife decided to contest the judgement that she should pay her former husband to cover money he lost in the credit crunch.
|
