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What happens when a party in a divorce tries to conceal assets

If the wealthier party in a divorce is caught out trying to conceal some of their assets, the backlash can be severe

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Family Law Week: IU anonymised [2020] EWFC 98


IU v OS [2020] EWFC 98
This case concerned an application for a financial remedy brought by IU, a wife (‘W’), against OS, her husband (‘H’).
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Cohen J's judgment is long (48 pages, 288 paragraphs). This is unsurprising in circumstances where the litigation lasted over 3 years, where the court heard from 12 witnesses (including H and W), where hand-writing experts where asked to assess various documents produced by H (and his team) which themselves required translation and where orders had to be obtained on behalf of W for documentation to be produced by H's solicitors (producing previously withheld and relevant evidence). W's costs (including interest) were c. £2.5-£2.6m.

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