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The Family Division has recently considered a high net worth case, involving assets of approximately £40 million, which encapsulates numerous principles of family law and provides a useful reminder for family solicitors of the current status of the law in respect of the same. The parties fought desperately, together racking up costs of £2.7 million, and their counsel attempted to pull numerous tricks out of the bag, resulting in a truly fascinating case. Evans v. Evans considered the achievability of a clean break, the definition of non-marital property, the possibility of avoiding an equal division of assets due to one party's special contribution, the principle of sharing, the effect of post-separation endeavour and the possibility of notionally reattributing funds into the marital pot as a result of the wanton dissipation of assets.
The full version of this article appears in the July 2013 issue of Family Law.
This work provides commentary, checklists, procedural guides and precedents on the subject in a...