“Senior Judge Likens
Wealthy Couple To Squabbling Children”- This was the headline to an article
in last month’s Telegraph, reporting on the much publicised breakdown in the
marriage of Mr and Mrs Evans – a couple whose assets were valued at over £50
million.
Mr Justice Thorpe stated that the case was almost ‘puerile’
and that someone needed to ‘come into the nursery’ and sort out their
‘nonsense’ – harsh words.
The couple in question were penniless when they married in
1985 and since this time, Mr Evans’ entrepreneurial flair brought in huge
success. The family lived a luxurious, opulent lifestyle in the latter part of
their marriage – all due to the new wealth that had been brought in.
Mrs Evans was awarded assets of £26 million, but her
representatives have appealed this ruling and the parties are still waiting for
another hearing to divide their wealth.
It may all seem like childish tantrums to some, but we at
Bains Cohen appreciate the concerns that arise when divorce takes place in
couples of wealth. Often such wealth and
assets are accumulated during the marriage alone and often, by one of the
parties. To simply give up such huge
sums of money may not appear just or reflective of one’s hours of stress and
turmoil during the marriage, especially if the breakup of the marriage is not
your fault either. In other cases,
parties come in to the marriage with significant assets which need to be
protected.
Bains Cohen London Family Solicitors have represented many
high net worth clients and entrepreneurs and we have ensured that at each
stage, their financial position was protected and looked after.
“Playing in the nursery” is something we do not do, but
putting up a battle and preparing a strategic war is what we are experts
at. Divorce is not an easy experience to
go through and to pretend otherwise would be a lie. But with Bains Cohen you place yourself in
the care of solicitors with technical know-how and a savvy, innovative
approach. Come and speak to us and see
for yourself.
Rupinder Bains
Managing Partner
BAINS COHEN LLP
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