Ground-Breaking divorce ruling on hidden money

Protection previously afforded to thousands of people in divorce proceedings has been removed following a landmark Court of Appeal judgement.

Until now a husband or wife who came across information showing their partner was hiding money could copy it, use it and put it before the courts.

But the court reversed the principle, intended to help the financially weak, in a case involving a millionaire.

Lawyers have described the judgement as “ground-breaking”.

It comes after property tycoons Robert and Vincent Tchenguiz attempted to use information about the financial affairs of their sister’s multi-millionaire husband at her divorce hearing.

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Posted by credit4everyone on Jul 30 2010 Filed under Our Guides. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry