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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.

6 July 2016 0 Comments
Posted in Opinion

Woman in landmark legal battle over property developer’s fortune

Author headshot image Posted by , Partner

The ex-civil partner of a property tycoon is locked in a legal battle to secure a larger share of a £6million fortune.

Helen Roocroft has argued that her ex-partner, Carol Ann Ainscow, had concealed her true wealth when the couple dissolved their civil partnership in 2010.

Ms Ainscow, who passed away three years ago, following a battle with cancer, had worked on a number of significant developments – including the project to revive Manchester’s Canal Street.

But it is alleged that the businesswoman had suggested at the time of the split that she was worth around £750,000 – a fraction of her true fortune.

As part of the financial settlement which followed the end of their long-standing relationship, Ms Roocroft had accepted a sum of just £162,000.

When details later came to light about how much the property developer had actually been worth, the 42-year-old took the decision to go back to the court and seek to have the original settlement re-examined.

The case is one of several “non-disclosure” hearings currently making their way through the courts, with a number of individuals having argued that their ex-partner had not been open about their assets, meaning that they ended up accepting a smaller settlement than they may have otherwise expected.

The case being brought by Ms Roocroft is unusual because she had been in a civil partnership as opposed to a marriage and because Ms Ainscow has since died.

Judges had already decided there was a public interest in considering the case and a hearing is taking place this week. The Court of Appeal is expected to make a ruling at a later date.

To find out more about the family services we provide, please contact Patrick Hart from our family law team today.

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