arlier in the year we blogged about a case in which two ex-wives were battling to have their divorce settlements revisited after it transpired their husbands had duped the courts as to the value of their assets. Our original blog on the case can be viewed here.
In what was one of the most eagerly awaited family law judgements of the year, Alison Sharland and Varsha Gohil won their appeal to have their cases reviewed. This landmark case is predicted to pave the way for many other spouses who feel their former partners have hidden assets or misled the courts as to the true nature of their wealth during divorce proceedings.
What lessons can we learn from this judgement?
Clearly, this case and the subsequent ruling in the Supreme Court has highlighted the family court’s tough stance on concealing assets. Should it transpire that any party has hidden the value of their assets during a divorce case going forward, any agreement based upon such deception will likely become invalid, resulting in the case going back to court to have the whole thing considered again. It is hoped therefore that parties involved in financial negotiations following divorce will develop a more honest and open approach, something that Collaborative Law has long encouraged.