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Impartial and independent, ThoughtLeaders4 HNW Divorce Knowledge Hub hosts cutting edge industry content and insight.

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Potential Psychology and Emotional Challenges in HNW and UHNW Divorce

Date: 19/02/2020 Type: Articles Topic: Client Perspective | Modern Family |
Author: Ahi Wheeler - Harley Street Therapy

While we are all aware of the highly complex legal, financial, commercial and international issues raised by HNW divorces, how much do we know about the personalities that have evolved within this section of society? What might we encounter of the psychology and emotional aspects of the parties involved? HNW and UHNW individuals face and develop a set of challenges within life that might be unfamiliar to those who do not inhabit that world of affluence. The very nature of their circumstances allows them to distance and detach themselves from the everyday concerns that occupy most of the planet, the need to survive financial demands on daily basis, to make ends meet. Consequently there is often little awareness, sympathy or empathy for the human and existential struggles that they, like every other human on the planet, have to face.

HNW foreign divorces with a Jersey connection

Date: 18/02/2020 Type: Articles Topic: International | Offshore |
Author: Lauren Glynn & Victoria Cure - Carey Olsen

This article briefly discusses two cross-jurisdictional issues arising in foreign  HNW divorces on which we are regularly instructed to advise from a Jersey law perspective.Given Jersey's status as a leading and highly regulated, offshore financial services centre, we frequently encounter HNW and UHNW divorces featuring Jersey trust structures. In almost all cases, Jersey trusts are administered by professional trustees regulated under our Financial Services (Jersey) Law 1998 by the Jersey Financial Service Commission and further subject to the supervision of the Royal Court of Jersey. When beneficiaries of a Jersey trust become involved in foreign divorce proceedings, it is helpful for them to understand that the trustee(s) have a number of important decisions to make...

Matrimonial Proceedings - Insolvency Considerations

Date: 17/02/2020 Type: Articles Topic: International | Finances |
Author: Chris Pocock QC, 1KBW & Kristina Kicks, KPMG

Insolvency proceedings are a potential option for clients to consider in situations where there are unpaid debts, judgments and orders and/or concerns over the dissipation of assets.

It is recognised that insolvency can seem a nuclear option for enforcement but insolvency proceedings can be an effective strategy to maximise recoveries where a client has an outstanding award.

How to enforce a prenuptial agreement

Date: 16/02/2020 Type: Articles Topic: Finances | Modern Family |
Author: Jane Keir - Kingsley Napley

It is almost ten years since the landmark decision of the Supreme Court in Radmacher v Granatino [2010] UKSC 42 changed the law on prenuptial agreements, giving their enforceability a huge boost when holding that the parties would be held to their bargain in the event of a divorce where the agreement ‘’was freely entered into by each party with a full appreciation of its implications, unless in the circumstances prevailing it would not be fair to hold the parties to their agreement’’.

The Coronavirus and Family Law

Date: 13/02/2020 Type: Articles Topic: International |
Author: David Hodson OBE MICArb

The World Health Authority is on the verge of declaring the coronavirus a pandemic, a disease found significantly on more than one continent and being spread frequently between people.  How should family lawyers take this into account in the work they are undertaking for their clients, particularly international clients or those with assets abroad?  This summary note is intended for England and Wales but has relevance for all family lawyers around the world.

60 Seconds with Jane Keir

Date: 03/02/2020 Type: 60 seconds with Topic:
Author: Jane Keir - Kingsley Napley

Jane Keir is one of the most well known and recognisable faces of family law. As co-chair of our inaugural conference we got her thoughts on the industry and what to look out for on the 19th May. 

Disclosure in Financial Remedy Proceedings: no Longer a “Cheater’s Charter”?

Date: 29/01/2020 Type: Articles Topic: International | Enforcement | Finances |
Author: Anthony Riem, Rachel Turner & Caitlin Foster - PCB Litigation

The Family Court has demonstrated a willingness to assist a party to enforce a financial remedy order by allowing use of confidential documents where there is evidence of deliberate attempts by the respondent to frustrate English court’s orders, and where there is no evidence that the applicant acted unlawfully in accessing confidential materials.

Child abduction—use of the 1996 Hague Convention as opposed to the inherent jurisdiction (Re I-L (children) (1996 Hague Child Protection Convention—inherent jurisdiction)

Date: 25/01/2020 Type: Articles Topic: International | Children |
Author: Eleri Jones - 1GC Family Law

In Re I-L (children) the Court of Appeal allowed the father’s appeal and held that where the 1996 Hague Convention applies between two countries, if a 1980 Hague Convention application is made and is not successful, the applicable jurisdictional provisions are those of the 1996 Hague Convention, particularly Art 11, and the inherent jurisdiction is not available to use. Eleri Jones, barrister at 1GC Family Law, who represented the appellant father, considers the implications.

Using Arbitration to settle Family Disputes – less Hollywood, more Privacy

Date: 24/01/2020 Type: Articles Topic: ADR | Finances |
Author: Abby Buckland - Kingsley Napley LLP

Paul Hollywood is a highly public judge on one of Television’s most popular shows, with over 6 million viewers watching him and his taste buds push Great British Bake Off contestants to tears, frustration and occasional joy but when it comes to his divorce, he and his wife of over 20 years have chosen for their financial arrangements to be adjudicated in private.

Divorces, Death and dealing with the Deceased Estate

Date: 09/01/2020 Type: Articles Topic: International | Finances |
Author: Michael Leeds & Hannah Davie - Grant Thornton UK LLP

Boris Berezovsky was born in January 1946. He was a Russian business Oligarch, government official and mathematician. Berezovsky was politically opposed to the President of Russia, Vladimir Putin...

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For enquires about submitting content please contact Paul on +44 (0) 20 3398 8510 or email paul@thoughtleaders4.com