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03 February 2017 / Kerry Fretwell
Issue: 7732 / Categories: Features , Family
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Pension predicament

Is the sharing of overseas pensions now at an end, asks Kerry Fretwell

  • ​This article looks at a recent case involving Mr Justice Mostyn where he rules that foreign pension sharing orders are no longer available for the English Courts.

The case of Mr and Mrs Goyal is an extraordinary one to read and like many extraordinary and contentious cases, it appears to be breaking new ground for family lawyers. The basic facts are as follows. The parties married in September 2003 and have one daughter who is now 9. They separated in 2011 and the acrimonious proceedings since then have involved, as case law reports, 65 separate orders concerning child arrangements, the finances and the divorce proceedings. The divorce has not yet been finalised. Mr and Mrs Goyal are under 40 and Mr Goyal has a career in banking but has become addicted to spread-betting. Having initially been successful in his spread-betting ventures and winning about £40,000 over two years, he moved to London in 2005 and the winning streak stopped. From losing £5,000

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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