UK Supreme Court Divorce Case Sets Precedent for Dividing up Assets
- The UK Supreme Court unanimously rejected Anna Standish's appeal concerning her divorce award, which had been previously reduced to 25 million pounds by the Court of Appeal.
- The court ruled that 80 million pounds transferred by Clive Standish was intended for their children's benefit and deemed non-matrimonial property.
- Legal experts predict an increase in prenuptial and postnuptial inquiries following this decision, highlighting the need for clear records on asset transfers.
13 Articles
13 Articles
Ex-UBS CFO Wins UK Top Court Case Over £133 Million Divorce
(Bloomberg) -- A former UBS Group AG executive can hold onto the majority of his wealth after the UK’s top court ruled in his favor in a divorce fight with his ex-wife over the split of their £133 million ($182 million) estate.
UK Top Court Gives Landmark Verdict In Ex-UBS Banker's Divorce Case
Clive Standish, the Swiss bank's chief financial officer from 2004 until 2007, last year successfully challenged his ex-wife Anna Standish's original 45 million-pound ($62 million) award from what was then a 133 million-pound estate.
UK Supreme Court Issues Landmark Ruling in High-Profile Ex-UBS Banker Divorce Battle
The United Kingdom’s highest court has delivered a landmark ruling in a high-profile divorce case involving a former UBS banker, marking a significant moment in family law. The judgment, which addresses the division of substantial assets accrued during the marriage, sets a precedent for how courts may handle complex financial disputes in future divorce proceedings. [...]
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