Spear's features William Longrigg's views on potential reforms to the UK family court and the reintroduction of Calderbank offers
min readA survey of leading family lawyers by Spear's has highlighted the priorities of high and ultra-high net worth individuals during divorce proceedings, with a strong focus on protecting wealth and achieving a fair division of assets.
The findings reflect ongoing points of discussion within the UK family court system, which continues to face challenges relating to resourcing and delays, prompting continued discussion around the need for reform.
A Calderbank offer is a type of settlement offer which can be made in England and Wales on a "without prejudice save as to costs" basis. Calderbank offers were largely abolished from use in Family court proceedings in 2006. Any financial remedy settlement proposals intended to influence costs at a final hearing are required to be made openly, rather than on a "without prejudice" basis.
In this context, William Longrigg, Consultant in our Family team, points to the potential reintroduction of Calderbank offers as a mechanism to encourage earlier settlement.
Read the full article in Spear's here.