Still the divorce capital of the world – Supreme Court orders businessman to hand over assets in key ruling

Still the divorce capital of the world – Supreme Court orders businessman to hand over assets in key ruling

The landmark divorce battle between Yasmin and Michael Prest has come to an end as the Supreme Court  today (12 June) ruled Prest should hand over properties held by companies under his control.

The ruling – the most significant divorce case to reach the UK’s highest court since the 2010 judgment in Radmacher v Granatino – has been touted as instrumental in establishing whether London remains a key forum for resolving big-money divorce cases. The case has also been watched for its impact on the court’s treatment of the corporate veil, which protects company assets. Continue reading “Still the divorce capital of the world – Supreme Court orders businessman to hand over assets in key ruling”