Kyra Cornwall News Today

The court held, among other things, that it was appropriate for the wife to make a contribution towards the husband’s costs. It was not unfair to invade her needs based award to an extent. The court made a costs order against the wife of £100,000, which had to be set off against the lump sum payment of £750,000.

AG v VD[ 2021] EWFC 9 Matrimonial finance proceedings with a jurisdictional issue resolved in favour of the English court despite previous financial proceedings in Russia. H lost on his assertion that he had transferred most of his wealth to his son from a previous marriage. But H’s substantial assets from property development businesses were determined to be pre-marital. The matter therefore concluded with an award based on need, not on sharing as sought by W. ____ Background The relationsh...