Financial Provision – Page 5 – Law Journals

Financial Provision: Step too far

Paula Butterworth considers the issues arising in Mann as to agreements to mediation and when an order may be varied ‘The Court of Appeal found that no interim relief could be provided in the absence of an order capable of variation and that in this case there were no orders so capable.’Mann v Mann [2014] …

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Financial Provision: Extra special

Claire Reid looks at what is required for the court to conclude that a party has made a stellar contribution ‘The difficulty in comparing different contributions risks discrimination against homemakers. This unfortunate application of the law generates a distasteful distinction in the 21st century.’ In Cooper-Hohn v Hohn [2014] one of the principal issues considered …

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Financial Provision: Fair shares?

Michael Gouriet and Natalie O’Shea consider the validity of the compensation argument in financial remedy proceedings ‘Do family lawyers need to quantify a client’s potential claims on an “either/or” basis (loss-related and needs-related) so as to be prepared to run the case either way?’ The Court of Appeal judgment in H v H [2014] confirms …

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Financial Provision: Issues of trust

Ruth Abrams considers the interrelationship between nuptial settlements and trusts, the procedure for permission to appeal and the significance of new relationships ‘The trustees’ specific powers to advance all of the property to the husband during his lifetime was a decisive factor that led the court to conclude that the settlement as a whole, and …

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Financial Provision: Sharing the wealth

Richard Adams examines the factors that may justify an unequal division of assets ‘A special contribution should only be taken into account if there was such a disparity in the parties’ respective contributions to the welfare of the family that it would be inequitable to disregard.’ Practitioners will be familiar with the strong feelings that …

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Financial Provision: Future proofing

Camilla Thornton outlines the courts’ approach to income such as bonuses and how this may be reflected in an order for periodical payments ‘The inherent uncertainty of bonus payments provides, in part, the reason why the setting of a cap is essential in order to avoid the unintentional unfairness which may arise as a consequence …

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Financial Provision: Limited appeal

Vicki McLynn explains why the Court of Appeal’s decision in Tattershall is a reassuring reminder on needs ‘The decision in Tattershall is more a reassuring reminder that in many financial remedy cases the starting point and the finishing point is the needs of the parties.’ Reported decisions in financial remedy cases very often involve substantial …

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Financial Provision: Time is money

Rebecca Huxford considers the arguments for and against the introduction of a limitation period in financial proceedings ‘There are cases where the applicant may have very good reasons for not bringing the claim earlier, even if the delay is one of many years.’ Unlike most areas of law, limitation periods are unfamiliar territory to family …

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Financial Provision: Open and shut case?

James Copson considers the implications and practical consequences of the Supreme Court’s decision in Prest ‘Respondents and companies will be looking for ways of rebutting the presumption of a resulting trust – as is clear from Prest the weight of evidence will vary from case to case.’At first glance the Supreme Court ruling in Prest …

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Financial Provision: Divisional conflict

Stephen Smith highlights areas of conflict between family law and other divisions and the potential issues that may arise ‘The Supreme Court will decide in Prest whether the need for a fair result on the family issues enables private corporate arrangements to be disrupted and the corporate veil pierced.’ As a family lawyer I, along …

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