Court of Appeal upholds original order in £Multi-million Sharland divorce case

10/02/2014

The Court of Appeal has upheld the multi-million-pound settlement in the divorce case of AppSense chairman Charles Sharland.

Mr Sharland’s former wife, Alison Sharland, had claimed that the settlement – which awarded her a greater share of the couple’s liquid assets in exchange for a lower share in the business – was unfair following rumours in the press of a higher-than-expected valuation of the company.

Beth Wilkins, who acted for Mr Sharland, said "The agreement Mr and Mrs Sharland reached over 18 months ago gives Mrs Sharland more than 50 per cent of their liquid assets and a less than 50 per cent interest in Mr Sharland's shares – generous given the facts of the case.

“Mr Sharland has always been prepared to stand by the agreement and he is very pleased to see good sense prevail. This matter has caused enormous family disruption and Mr Sharland hopes that this decision can allow the family to move forwards."

ENDS


Samantha Meakin

0161 828 1981
samantha.meakin@jmw.co.uk

 

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