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Family Law

The leading authority on all aspects of family law

16 APR 2007

Division of Assets

The Times splashed the headline 'Women to receive less in divorce settlements' across its front page of Saturday 14 April 2007. It refers to H v H [2007] EWHC 459 (Fam), a Family Division judgment of Charles J given on 4 April 2007 (see Cases below). Mr and Mrs H got married in 1985. Mrs H was a teacher and Mr H worked for a bank, and was posted to Tokyo in 1988. The whole family relocated to Tokyo with him and Mrs H took the role of caring for the four children. The marriage broke up in 2004 when Mr H formed a new relationship and left the £2.7 million marital home, which it was not in dispute that Mrs H would keep. The misleading Times report does not relate the fact that Charles J awarded the wife 50% of the current value of all the assets built up during the marriage, and a further sum of £1.4 million to compensate her for the contribution which she had made to enhancing the husband's earning capacity. She therefore received more than 50% of the marital assets. For further comment see June [2007] Fam Law and below for the definitive case summary.

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