04 Dec 2017
Alex Carruthers comments in Bloomberg on a wife seeking a share of her ex-husband’s future earnings
The estranged wife of a UK finance director earning €1.8 million ($2.1 million) says she should get a share of his bonuses until 2019, seven years after their break-up.
Kim Waggott says William Waggott, finance director of Tui Travel Plc, should pay her 35 percent of his bonuses between 2014 and 2019, regardless of whether she needs the money, according to his court filings for a London hearing.
Alex Carruthers commented that a previous Supreme Court case had “made it clear that maintenance could be awarded over and above that required to meet a party’s needs” if the “economically weaker spouse” could argue they had sacrificed a lucrative career to care for the children.
Read the full article in Bloomberg here