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'We are very pleased that the Supreme Court has agreed that this is a case which requires consideration at the highest level.The case is the latest in a long line of recent high-profile family law proceedings including the Radmacher pre-nups case and divorce proceedings including Michelle and Scott Young and Mr and Mrs Prest in Prest v Petrodel.
Alison Sharland entered an agreement in the belief that she was receiving approximately half of the value of the matrimonial assets which would have been a fair result. In fact Mr Sharland knew that the company was potentially worth many times the sum that he had led her, the expert accountants and the court to believe and that the shares could be realised much sooner than he had represented.
Despite his argument to the contrary, the deliberate and calculated nature of his fraud underlined the importance of it in his own mind. The entire basis of the agreement was undermined.
Mrs Sharland agrees wholeheartedly with the sentiments of Lord Justice Briggs that it is contrary to the most basic principles of justice to uphold an agreement entered into on the basis of a fraudulent misrepresentation. Had this been a contract rather than a judicially approved agreement in proceedings ancillary to divorce, the principle that fraud unravels everything would have applied. We think that this is anomalous, unjust and sends out entirely the wrong message.
Dishonesty in any legal proceedings should not be tolerated; the family court should not be an exception.
There are numerous legal arguments to be had before the Supreme Court but we hope that ultimately justice will be done and will be seen to be done.'