As wife’s divorce costs hit £920,000, judge attacks ‘out of control’ foreign divorce cases ‘squeezing out needy litigants’
Marilyn Stowe, Senior Partner at Stowe Family Law, said an increase in the number of divorce cases involving wealthy couples have been heard in England following the landmark White v White decision, when the concept of equal sharing became the accepted starting point for financial settlements.
She said: “Since then a less wealthy spouse has felt they might get a better hearing in England than abroad and the English justice system is very well respected around the world. I would caution that (the Chai v Peng) case is not typical – the courts are not awash with these kind of cases so it’s important to keep it in proportion.
“It does make you wonder however whether there should not be a different structure or court system for high net worth individuals to litigate in appropriate cases.”