Category: Supreme Court

WALES/ENGLAND – Supreme Court decides that High Court has inherent jurisdiction concerning child who has never lived in England and Wales

Case remitted for urgent consideration as to whether the jurisdiction should be exercised     In In the Matter of A (Children) [2013] UKSC 60, the Supreme Court has unanimously decided that the High Court of England and Wales has jurisdiction to order the ‘return’ to this country of a small child even though he …

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WALES/ENGLAND – Family lawyers divided over Prest decision

The Supreme Court’s decision to order an oil tycoon to hand over assets held by his companies to his former wife has been hailed as a victory for fairness and justice by lawyers.   But family practitioners are divided on the implications of last week’s judgment in Prest v Petrodel Resources Limited & Others [2013] …

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WALES/ENGLAND – Prest ruling likely to lead to more divorce planning

The Supreme Court ruling allowing a wife to access assets held by her husband’s companies will encourage the tying up of assets in business, family lawyers have said The Supreme Court ruling this morning allowing Yasmin Prest to have assets held by companies owned by her former husband as part of a £17.5m divorce settlement …

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WALES/ENGLAND – Supreme court chooses the ‘third way’ in Prest divorce case

Lord Sumption’s ruling resolves the dilemma of enforcing the law and doing justice The main judgment was given by the most junior member of the seven-person court, Lord Sumption Photograph: Martin Godwin/guardian.co.uk In allowing Yasmin Prest’s appeal, the supreme court has adopted the “third way” I suggested in my preview of her divorce claim earlier …

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WALES/ENGLAND – Supreme Court upholds wife’s appeal in Prest v Petrodel

Lifting of the corporate veil allowed in ‘exceptional’ circumstances The Supreme Court has unanimously allowed the appeal by Yasmin Prest to transfer assets held by companies and trusts within her former husband’s control to her as part of a £17.5m divorce settlement. In a decision this morning in the case of Prest v Petrodel [2013] UKSC 34, …

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WALES/ENGLAND – Prest v Prest: supreme court prepares to rule on landmark divorce wrangle

Does a one-man company metamorphose into one man simply because the person with a wish to abstract its assets is his wife? The supreme court will decide whether divorcing spouses can protect assets by citing company law. Photograph: Model Images/Alamy Will Yasmin Prest “pierce the corporate veil” and get the £17.5m divorce settlement her former …

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Permanent link to this article: https://operationfatherhood.org/family-law-private/divorce-2/walesengland-prest-v-prest-supreme-court-prepares-to-rule-on-landmark-divorce-wrangle/