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Judgment in the case of Mr and Mrs Charman, handed down by Mr Justice Coleridge to the parties on 27 July 2006, was made available to the public on 3 August. It offers guidance on how parties with unusually high wealth including offshore trust assets should be treated on marriage breakdown.
Coleridge J's decision was as follows:
Coleridge J transferred the husband's interest in the family home in the UK to the wife and additionally ordered him to pay her a lump sum of £40m (in addition to her present assets). She exited the marriage with a total of about £48m including the assets already in her name. In percentage terms that is just under 37% of the total. The husband will accordingly retain just over 63%. For the full article by Christopher Butler of Speechly Bircham see September  Fam Law.
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