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: Goldstone v Goldstone  EWCA Civ 39
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Feb 23, 2011, 09:37 AM
Article ID :93687
(Court of Appeal; Thorpe, Hooper and Hughes LJJ; 28 January 2011)
The husband owned and controlled assets within a group of companies. The judge joined the group of companies to the proceedings.
A preliminary issue to ascertain the extent of third-party ownership of assets within ancillary relief proceedings was "family proceedings" and therefore governed by the Family Proceedings Rules 1991 (and in default by the Rules of the Supreme Court 1965), not by the Civil Procedure Rules 1998. The appellants had therefore been properly joined.
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