header-logo header-logo

Fields of gold?

09 October 2015 / Caroline Bowden
Issue: 7671 / Categories: Features , Divorce , Family
printer mail-detail

Caroline Bowden examines whether cases containing complex factors, but wealthy spouses, should be easy to settle

The case of Fields v Fields [2015] EWHC 167 (Fam), [2015] All ER (D) 163 (Jun) was a tabloid dream, with its exotic cocktail of a Russian Beauty Queen who was divorcing a five times married, wealthy US lawyer.

Beneath the drama, Mr Justice Holman was frustrated at the case costs of over £1m, out of liquid assets of £4.5m. As each party would retain “considerable prosperity”, he thought it should have been “very easy” to settle.

Yet at the same time, in a judgment of over 13,000 words, he identified multiple complex and disputed issues. He never criticised anyone for defining and probing these issues: indeed they appeared to be vital to his carefully considered order. So what, if anything, makes an out-of-court settlement easier or more likely for the wealthier clients?

The order

The husband earned £1.3m-£1.9m a year and the wife did not work. He was ordered to pay his wife £320,000 a year

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Hugh James—Phil Edwards

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS
Tech companies will be legally required to prevent material that encourages or assists serious self-harm appearing on their platforms, under Online Safety Act 2023 regulations due to come into force in the autumn
Commercial leasehold, the defence of insanity and ‘consent’ in the criminal law are among the next tranche of projects for the Law Commission
The Bar has a culture of ‘impunity’ and ‘collusive bystanding’ in which making a complaint is deemed career-ending due to a ‘cohort of untouchables’ at the top, Baroness Harriet Harman KC has found
Lawyers have broadly welcomed plans to electronically tag up to 22,000 more offenders, scrap most prison terms below a year and make prisoners ‘earn’ early release
David Lammy, Ellie Reeves and Baroness Levitt have taken up office at the Ministry of Justice, following the cabinet reshuffle
back-to-top-scroll