Family Law

The ex-wife of a McLaren racing driver could be entitled to a £5 million divorce settlement after an appeal court ruled that a 18-year old prenuptial deal was “unfair."

However, an appeal court ruled yesterday that a prenuptial deal was “unfair." 

In a response to the ruling, Jay Patel, partner at Lincoln's Inn firm Hunters Solicitors, told LexisNexis that "the Court ultimately retains discretion as to what amounts to a fair settlement." 

He added that "this is the reason why considerable care and skill is required in arriving at a figure which not only meets the reasonable financial needs of the financially weaker party but also allows them to receive a fair share of the overall assets."