High value financial provision case where the wife sought orders which would enable her to receive all the properties in this jurisdiction together with a lump sum equivalent to half the value of the Russian properties whose sole beneficial owner was the H. The total assets, or at least those that could be ascertained against the non-disclosure of the H, were worth over £107m and all the properties, apart from the FMH, were held within various company structures and worth in excess of £14m. The judge held that all the UK properties were held on resulting and constructive trusts for the H and the W was awarded over £53m. Child maintenance orders of £20,000 pa per child were also made.
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Case note, published: 18/09/2013
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- High value financial provision case where the wife sought orders which would enable her to receive all the properties in this jurisdiction together with a lump sum equivalent to half the value of the Russian properties whose sole beneficial owner was the H. The total assets, or at least those that could be ascertained against the non-disclosure of the H, were worth over £107m and all the properties, apart from the FMH, were held within various company structures and worth in excess of £14m. The judge held that all the UK properties were held on resulting and constructive trusts for the H and the W was awarded over £53m. Child maintenance orders of £20,000 pa per child were also made. Judgment, 15/08/2013, free
Published: 18/09/2013
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