The value of a family business or business interest is treated as an asset and therefore part of the matrimonial pot to be distributed when it comes to negotiating a financial settlement on divorce or...
ANCILLARY RELIEF: Robson v Robson  EWCA 1171
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Nov 16, 2010, 01:30 AM
Article ID :92641
(Court of Appeal; Ward, Hughes and Patten LJJ; 27 October 2010)
The husband inherited a substantial sum of money after 21 years of marriage. The Court of Appeal gave guidance as to the approach that should be taken in such big money cases involving inherited wealth.
The criteria in Ladd v Marshall still prevail in terms of the admission of fresh evidence. The court reviewed and reduced the judge's award to the wife on the basis of her actual housing cost and that the standard of living which was extravagantly enjoyed at the expense of inherited wealth during the marriage would have to be reduced.
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