Hughes Fowler Carruthers

14 Jun 2017


Alex Carruthers comments in The Telegraph as Court of Appeal rules on equal asset division

Home > NEWS > 14 Jun 2017

The Court of Appeal has ruled in favour of City trader, Julie Sharp, ruling that her former ‘short-term’ husband is to receive a reduced sum of £2m in total, less than the initial £2.74m awarded in 2015.

Alex Carruthers, Partner, commented: “This groundbreaking ruling ultimately dictates that marriage is no longer a financial partnership in some circumstances. This raises far more questions than it answers.

It opens the way for countless legal and philosophical arguments. There was previously no legal distinction between a ‘short’ and a ‘long’ marriage, and therefore no defined point after which wealth generated should be shared.

The only clarity provided by this judgment is that there is now a further issue for divorcing couples to bicker about, and for lawyers to profit from.”

Read Alex’s comments in:

The Telegraph

Bloomberg

Daily Mail

City AM

Yahoo! UK and Ireland

The Law Society Gazette


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Academy Court
94 Chancery Lane
London WC2A 1DT

Tel: +44 (0)20 7421 8383
DX: 251 London/Chancery Lane
Email: [email protected]

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