Isn’t summer supposed to be a quiet time? Frank Arndt, who heads Stowe Family Law’s international family law department, seems to be busier than ever – and not just because his team has recently been instructed in some very interesting new cases.
When the second wife of Russian oligarch Boris Berezovsky was granted a “quickie divorce” at the High Court last week, Frank was contacted by a number of journalists for expert comment and analysis. His comments, about the Berezovsky case and also about the UK’s much vaunted reputation as the “divorce capital of the world”, have since appeared as far afield as Russia and Australia!
Divorce tourists face judicial rethink
Frank Arndt, head of international practice at Stowe Family Law, said: “There is a perception that wives can achieve a fairer settlement in England and importantly there are obligations here for full and frank disclosure of assets belonging to one party, which there may not be in some countries. Often husbands see divorce as a business deal and look at which jurisdiction is best.” Continue reading»
Boris Berezovsky’s wife granted “quickie divorce”
Frank Arndt, a lawyer at Stowe Family Law, which specialises in big money divorces, said: ”The Berezovskys were married for 18 years, have two teenage children and, although estimates of the couple’s fortune vary, it is indeed likely that any settlement eventually awarded to Mrs Berezovsky will dwarf the £48 million awarded to Beverley Charman in 2008.” Continue reading»
London seals reputation as divorce capital as oligarch faces £100 million payout to ex-wife
[Frank] Arndt said Berezovsky may use what is known in the legal profession as the “stellar or genius” argument used by Charman, in which he said his wife had made no financial contribution to the fortune he had built up in the insurance market during their marriage. His case resulted in a discount from the 50:50 position: a high court judge ruled Charman should have 63.5% of the couple’s wealth rather than half because of his special contribution to building it up and because the assets he was keeping were riskier than those which went to his wife.” Continue reading»