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26 February 2009 / Georgina Vallance-webb
Categories: Features , Divorce , Family , Property
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High stakes

Best laid plans…the divorce settlement roulette, by Georgina Vallance-Webb

These rushing wives needed to be clairvoyants

For wives rooting for a quick settlement, a rushed house sale in the next few months could result in the loss of tens of thousands of pounds

When the credit crunch first took hold it was reported that a wave of unhappy wives of highly paid men went gushing into divorce. This was apparently with a view to minimising the negative effects of slashed bonuses, falling stock market prices and widescale redundancies and maximising the chance of obtaining a lucrative divorce settlement (27 May 2008, www.sky.com).
Now that the economy has slumped further into decline it is rumoured that wealthy wives en masse are making the hard-headed business decision to remain with their husbands under sufferance until their flagging stocks and shares start to recover. Reports like this are a depressing indictment of the unfortunate way in which modern relationships can work.

Safe as houses?
While at first blush such deliberate financial planning may sound like good

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MOVERS & SHAKERS

Arc Pensions Law—Matthew Swynnerton

Arc Pensions Law—Matthew Swynnerton

Chair of the Association of Pension Lawyers joins as partner

Ampa Group—Kamal Chauhan

Ampa Group—Kamal Chauhan

Group names Shakespeare Martineau partner head of Sheffield office

Blake Morgan—four promotions

Blake Morgan—four promotions

Four legal directors promoted to partner across UK offices

NEWS

The abolition of assured shorthold tenancies and section 21 evictions marks the beginning of a ‘brave new world’ for England’s rental sector, writes Daniel Bacon of Seddons GSC

Stephen Gold’s latest Civil Way column rounds up a flurry of procedural and regulatory changes reshaping housing, alternative dispute resolution (ADR) and personal injury litigation
Patients are being systematically failed by an NHS complaints regime that is opaque, poorly enforced and often stacked against them, argues Charles Davey of The Barrister Group
A wealthy Russian divorce battle has produced a sharp warning about trying to challenge foreign nuptial agreements in the wrong English court. Writing in NLJ this week, Vanessa Friend and Robert Jackson of Hodge Jones & Allen examine Timokhin v Timokhina, where the High Court enforced Russian judgments arising from a prenuptial agreement despite arguments based on the landmark Radmacher decision
An obscure Victorian tort may be heading for an unexpected revival after a significant Privy Council ruling that could reshape liability for dangerous escapes, according to Richard Buckley, barrister and emeritus professor of law at the University of Reading
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