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...
Lord Pannick QC, Alex Verdan QC, Desmond Browne QC, Lewis Marks QC, and Adam Speker (instructed by Harbottle and Lewis) for the Applicant Father
Charles Geekie QC, Tim Otty QC, and Sharon Segal (instructed by Payne Hicks Beach) for the Respondent Mother
Deirdre Fottrell QC, and Thomas Wilson (instructed by Cafcass Legal) for the second and third Respondent Children
Sarah Palin (instructed by Associated Newspapers Ltd, British Broadcasting Corporation,
The Financial Times Ltd, Guardian News & Media Ltd, Telegraph Media Group Ltd, Sky PLC, Thomson Reuters, Times Newspapers Limited and the Press Association)
Hearing date: 17th January 2020
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I direct that pursuant to CPR PD 39A para 6.1 no official shorthand note shall be taken of this Judgment and that copies of this version as handed down may be treated as authentic.
SIR ANDREW MCFARLANE
The release of this judgment to nominated members of the UK press is subject to a four hour embargo ending at 4pm on 5 March 2020 pursuant to the Order of the President of the Family Division dated 5 March 2020. Publication of any part of this judgment before that time is prohibited by that Order.
After the judgment has been published at 4pm on 5 March 2020 it is important to stress that certain reporting restrictions will remain in force pursuant to the Reporting Restriction Orders made by the President of the Family Division dated 28 January 2020 and 3 February 2020. The Reporting Restriction Orders have been served on the media; copies are available from the Royal Courts of Justice Press Office.