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...
The President of the Family Division has a issued a revised Public Law Outline(PLO) and pilot practice direction, as well as a number of supporting guidance documents.
There are three President's Guidance documents: one on Allocation and Gatekeeping (with a Schedule); one on Continuity and Deployment (with an Annex); and the other on Use of Prescribed Documents.
There are three prescribed documents: one the Allocation Proposal Form; one the form of order for Directions on Issue (SDO); and the other the form of Case Management Order (CMO).
The President also circulated a new Form C100A.
The President has stressed the importance of using the two forms of prescribed Order. The use and correct completion in every PLO case of the Case Management Order is essential, not least because its correct completion is a necessary pre-requisite to the accurate logging of data on CMS.