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Pension predicament

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

CBI South-East Council—Mike Wilson

CBI South-East Council—Mike Wilson

Blake Morgan managing partner appointed chair of CBI South-East Council

Birketts—Phillippa O’Neill

Birketts—Phillippa O’Neill

Commercial dispute resolution team welcomes partner in Cambridge

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

NEWS
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Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
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