More and more cases in England and Wales are now dealing with cryptocurrencies, one way or another. Thankfully the English legal profession has been quick to provide a clarification as to the status of the cryptocurrencies under the English law. Perhaps the first logical assumption that would come to mind
On 4 April 2023, The Law Commission announced its next review of the laws that determine how finances are dealt with after divorce and dissolution of civil partnership. This review has been announced 50 years after the passing of The Matrimonial Causes Act 1973 (‘The MCA’) and almost 20 years
The unprecedented rise in the costs of living has impacted many families, in particular those with young children, and none more so than those who are, unfortunately, also separating. The big, bad wolf of this nursery tale is the increase in childcare costs. In his March 2023 budget, the Chancellor
Executive summary Millions of people around the globe have funds in cryptocurrencies, with billions of dollars now invested. The nature of these funds is invariably secretive and non-national based. They present distinctive challenges for family courts around the world in ascertaining what are the overall assets in order to produce
In the majority of cases child maintenance is determined exclusively by the formula prescribed by the Child Maintenance Service (CMS). In summary it is a percentage of the paying parent’s income with deductions for overnight care. But there are some exceptions where the English family court may have the power
Executive summary Over the past few years and increasing in intensity, High Court and Court of Appeal judges have strongly condemned very high and/or disproportionate legal costs in financial remedy claims. This is troubling and not good for the reputation of English family law and family lawyers including with their
Executive summary England and Wales as a jurisdiction has been at the cutting-edge of using technology for the benefit of the justice system. The High Court in civil proceedings has just allowed service of proceedings via a non-fungible token (NFT). When and in what circumstances might that be appropriate in
With awards of annual bonuses for many fast approaching and predictions that bonuses in the banking sector this year will be high; this article considers how bonus payments are dealt with upon divorce and for how long after separation they might be shared with a former spouse or civil partner.
A recent court decision (reported as P and Q) from the lead judge for the London Financial Remedies Court has provided invaluable guidance on the treatment of loans from friends and family members within financial remedy proceedings on divorce. According to a recent survey conducted by Legal & General, in
Summary Some Embassies and Consulates in London perform marriages within their buildings in accordance with their own domestic law. Whilst this may be permitted according to the law of the country of the embassy or consulate, these marriages may not be recognised in English law. This may have very significant
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