Business assets: A tangled web

A City Law Firm | Family Law Journal | April 2021 #202
Karen Holden examines cases involving complex business assets and the approach of the courts to such assets The court will have ultimate discretion when dividing assets on divorce and attributing weight to the values of assets, guided by fundamental principles of sharing, needs and fairness. The courts have various powers when dealing with company assets, …

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Family Businesses: The golden goose

Russell-Cooke LLP | Family Law Journal | June 2014 #137
Rebecca Stone reviews the case law relating to family businesses and the differing approaches taken by the courts to such assets ‘In F v F (clean break: balance of fairness) [2003] the judge accepted that where some of the assets are illiquid it may not be possible to achieve either the aim of equality or …

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Financial Provision: Revisiting orders

Farrer & Co | Family Law Journal | June 2011 #107
Hannah Clark analyses the limited circumstances in which the courts will reopen a final financial order ‘The courts are paying clear regard to the floodgates argument, through their restrictive application of the principle of finality in litigation and their constant reiteration of the extraordinariness of Barder events.’As family lawyers, we are well accustomed to the …

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