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Louisa Gothard
Senior Solicitor, Head of Family Law
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Fields v Fields [2015] EWHC 1670 (Fam)
Date:11 JUN 2015
Law Reporter
(Family Division, Holman J, 4 June 2015)

[The judicially approved judgment and accompanying headnote has now published in Family Law Reports [2016] 1 FLR 1186]

Financial remedies

Please see attached file below for full judgment.


The wife was awarded a lump sum of £1.2m plus periodical payments of £320,000 pa for her own benefit and £25,000 pa per child.

The husband and wife were in a relationship for 9 years and had two children together. Following their separation the children remained with the wife and had contact with the husband. It was agreed that the wife's application for financial remedy would be assessed on a needs basis and that to meet her housing needs she would need to receive a greater share of the assets than the husband.

So far the parties had spent £1m in legal costs which amounted to approximately 25% of the total liquid capital. They had attempted two in-court settlements but had been unsuccessful.

During the marriage the husband transferred to the wife a 1% shareholding in a company which currently yielded approximately $180,000 pa. The shares were now held in a trust for the benefit of the two children.
[2015] EWHC 1670 (Fam)
No. FD13D00008

IN THE HIGH COURT OF JUSTICE
 FAMILY DIVISION

Royal Courts of Justice

Thursday, 4th June 2015

Before:

MR JUSTICE HOLMAN(Sitting in public)

B E T W E E N :

EKATERINA FIELDS
Applicant

- and -

RICHARD FIELDS
Respondent

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Transcribed by BEVERLEY F. NUNNERY & CO.(a trading name of Opus 2 International Limited)Official Court Reporters and Audio Transcribers5 Chancery Lane, London EC4A 1BLTel:  020 7831 5627     Fax:  020 7831 7737info@beverleynunnery.com

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MR L. MARKS QC and MISS R. BUDDEN (instructed by Charles Russell Speechlys) appeared on behalf of the wife
MR S. TROWELL QC and MR M. SIRIKANDA (instructed by CHR Family Solicitors) appeared on behalf of the husband

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Fields v Fields [2015] EWHC 1670 (Fam) 

J U D G M E N T