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Think it is clever to conceal assets in divorce proceedings?
THINK AGAIN!

On 14th October 2015 judgements were given in the Supreme Court in the cases of Sharland v Sharland and Gohil v Gohil.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The judgments are concise and logical in that they send out a clear message to all parties involved in divorce proceedings.  The message being that divorcees and former civil partners who cheat the system and do not follow the rules of full and frank disclosure in relation to their financial situation when negotiating divorce settlements leave the door wide open for any financial agreement reached in divorce, to be re-opened and reviewed by the Court if it comes to the ex-partner's attention that assets were not declared when negotiating the settlement.

The judgments highlight the importance of obtaining and providing full and frank disclosure right up to the point that an agreement is presented to the Court for approval.

Sharland v Sharland Judgment

Gohil v Gohil Judgment

If you require any additional advice on this subject please contact our Family Law Team on 01905 721600

 

 

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