JMW successfully set aside Pre-Nuptial Agreement
JMW’s family law solicitors acted on behalf of a Husband in his application to set aside a Pre-Nuptial Agreement, entered into by him and his former wife on the day of their wedding.
The agreement stated that if the parties were later to divorce, there would be no financial settlement as such, and the couple would each walk away with what they brought to the marriage. For the Wife, this would mean retaining her wealth in the region of £66m, whilst the Husband would receive nothing other than the modest assets held in his sole name.
At an initial hearing the court assessed the Husband’s needs in the context of the Pre-Nuptial Agreement and awarded the Husband a settlement of £400,000.
JMW appealed this decision on the Husband’s behalf. The most significant ground of appeal was that the Wife had failed to give full and frank disclosure of her assets within the Pre-Nuptial agreement.
The Husband’s appeal was successful and the Court of Appeal, having regard to the robust arguments put forward by our team, concluded that the Pre-Nuptial agreement should not be upheld and there must therefore be a reconsideration of the Husband’s financial needs.
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