• insights-banner

    In the Press

The Financial Times quotes James Riby on London’s reputation as ‘divorce capital' of the world

Announced earlier this year, the Law Commission is set to review the way in which a couple's finances are dealt with upon divorce.

London has long held the reputation of 'divorce capital' of the world and it is likely that this review will focus on the favourable treatment given to the spouse of the main breadwinner - often (but not always) a non-working wife.

This FT Wealth feature explores whether London’s reputation as the world's ‘divorce capital’ could be tested by the coming legal shake up, and considers external factors such as Brexit which have already created an additional layer of complexity for wealthy international couples looking to divorce in London.

James Riby, Partner, provides comment for the feature on the impact of Brexit:

"Brexit has made English Courts less attractive for wealthy international couples than any of the proposed reforms, because there is now a real risk that English judgments will not be recognised and enforceable abroad, and enforcement against foreign assets is often crucial in wealthy cases if the Court’s award is to have any hope of actually being implemented.

“With the EU refusing our re-entry into the Lugano Convention, there is no end in sight to this problem or any idea as to what the solution may be."

Read the full article in the Financial Times here (subscription required).

Our thinking

  • IBA Annual Conference 2024

    Charlotte Ford

    Events

  • Charles Russell Speechlys acts as UK and French counsel for Hamburg-based Joachim Herz Foundation on the acquisition of a minority stake in Weidmüller Holding AG & Co. KG.

    Daniel Rosenberg

    News

  • Record number of leading individuals for Charles Russell Speechlys in Chambers High-Net-Worth 2024

    Piers Master

    News

  • Collateral Warranty and Third Party Rights: Everything You Need to Know

    Chris Marks

    Insights

  • Supreme Court overturns Court of Appeal decision: Statutory adjudication will not apply to a typical collateral warranty

    Kevin Forsyth

    Insights

  • IET’s new revision 7 of the Model Form of Contract (MF/1): What has changed?

    Melanie Tomlin

    Insights

  • From Manchester to the Metaverse: How United’s Roblox Rollout Could Help Drive Fan Engagement

    Shennind Awat-Ranai

    Insights

  • FCA announce new UK Listing Rules coming into force on 29 July 2024

    Jodie Dennis

    Quick Reads

  • Hubbis interviews Jeffrey Lee on the growth of our Singapore office

    Jeffrey Lee

    In the Press

  • New UK Listing Rules to be implemented 29 July 2024

    Victoria Younghusband

    Insights

  • Darren Bailey and Frédéric Jeannin write for City AM on geopolitical risk and challenges posed to Paris by staging the Olympic Games

    Darren Bailey

    In the Press

  • Inside Housing quotes James Walton on the potential financing impact of delays at the Building Safety Regulator

    James Walton

    In the Press

  • IFLR quotes Victoria Younghusband on new UK listing rules unveiled by the FCA

    Victoria Younghusband

    In the Press

  • Bloomberg quotes Sarah Jane Boon on plans announced in the King’s speech to press ahead with the tax hike on UK private school fees

    Sarah Jane Boon

    In the Press

  • CoStar quotes Claire Fallows and Ben Butterworth on some of the key real estate issues addressed in the King's Speech

    Claire Fallows

    In the Press

  • Financial Accountant quotes Jack Carter on foreign property interests

    Jack Carter

    In the Press

  • “We want prenup! We want prenup!” (Yeah!)

    Cara Fung

    Quick Reads

  • Charles Russell Speechlys reports domestic and international growth across all practice areas

    Simon Ridpath

    News

  • Cyber Co-ordination 2024 - new MOU on co-operation between EBA, ESMA, EIOPA and ENISA

    Mark Bailey

    Insights

  • The EU AI Act: A Beginner’s Guide for UK and International Businesses using AI

    Janine Regan

    Insights

Back to top