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Wife of financier to receive hedge fund profit share
The estranged wife of a wealthy financier has been awarded a share of the profits from a hedge fund established during the marriage, despite the fact that much of its value will depend on market forces at play following their divorce. The very wealthy couple in question were married for more than 27 years. They finally separated in July 2020,... more >
Supreme Court: financial claims cannot continue if one party dies
Claims for financial provision following divorce cannot continue if one spouse dies, the Supreme Court has ruled. Under Part III of the Matrimonial and Family Proceedings Act 1984, a spouse divorced in another country can apply for financial assistance from their former spouse if none was granted by the foreign court or if any money or assets provided are judged... more >
Children Act ‘does not breach’ the European Convention on Human Rights, the Court of Appeal rules
The mother of two children has unsuccessfully appealed against a family court’s refusal to declare a key piece of legislation incompatible with the European Convention on Human Rights The case concerned two siblings, born in 2007 and 2010. Their parents had married in 2006. According to Sir Andrew McFarlane, sitting in the Court of Appeal, the father was emotionally, physically... more >
Partner profile: Tricia Ashton
How would you describe your role at Cambridge Family Law Practice? I am one of the partners at Cambridge Family Law Practice. We all undertake work in the specialist areas of family law: family finance work, private law children work and non-contentious matters like prenuptial agreements and cohabitation agreements. But, although we all do everything, we each have a particular... more >
Failure to disclose company sale plans leads Family Court to set aside divorce settlement
The former-wife of a successful lawyer has persuaded the Family Court to set aside the financial settlement reached during her divorce, following lengthy proceedings, because he failed to disclose details of a possible sale of a company which impacted its value. The sale did take place and the company was sold for nearly £12.5 million. Sitting in the Central Family... more >
Postnuptial agreement disregarded in financial remedy proceedings, having been found to be ‘unfair’
A postnuptial agreement signed by a ‘vulnerable’ businessman with Parkinson’s Disease has been ‘set aside’ as unfair by a family court judge. The man and his wife are both now in their 50s. They first met and married in 1994. He worked with great success in investment banking before eventually retiring in 2020 some years after he had been diagnosed... more >


