Extract from Legal Week
Family
Comment | 14 July 2011
The price of love - will London remain the
'divorce capital of the world'?
Author: Helen Mooney
According to David Greer, a family law associate at Schillings, the Radmacher ruling, rather than being a victory for fairness in divorce, could be seen as a step backwards: “Only relatively recently, in 2001, the House of Lords changed the law so that the divorce courts had to make financial awards based on the principle of equality rather than, as has previously been the case, a wife’s ‘reasonable requirements’ and that they should not make a distinction between the breadwinner and the homemaker. So some would say prenups are a retrograde step – some people are of the view that they are a real risk to the economically weaker party, saying that often the woman is put under emotional pressure to enter into an agreement that could be greatly to her disadvantage.”
To view the full article, go to legalweek.com.
