Posted by Vandana Chitroda, Partner
On 1 September 2016 Withy King LLP merged with Royds LLP. The trading name for the merged firm is Royds Withy King. All content produced prior to this date will remain in the name of the firms pre-merger.
Divorcee Signs £60,000 a week Divorce Settlement
Earlier this month, in a written ruling on a divorce case which was heard at the Family Division of the High Court in London, it was revealed that a wealthy foreign former-politician signed an agreement under which he would be obliged to pay his wife £60,000 a month in maintenance.
He subsequently claimed that he signed the document when he did not have his reading glasses on and was therefore unaware of what he was signing.
In his witness statement, the husband also suggested that “he did not know what he was signing or, if he did, his mind was altered by the circumstances so that he did not fully appreciate what he was putting his signature to.”
However, in his ruling, the Judge stated that he found the claims from the husband hard to believe, and following evidence of substantial wealth, ordered the husband to pay £33,000 a month in maintenance to his former wife and children; stating that such payments were reasonable.
This case has revealed the importance of ensuring that both parties are fully aware of what they are signing in matrimonial matters.
At Royds, we understand and appreciate that the breakdown of a relationship can be a stressful and confusing time. Our solicitors are on hand to offer honest, impartial and tailored advice to ensure the divorce can be resolved as smoothly as possible.
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