- Division of assets in a short childless marriage (E v L)
- What are the practical implications of this case?
- What was the background?
- What did the court decide?
Family analysis: In E v L, Mr Justice Mostyn considered an application for financial remedies following a short marriage. He concluded the fact that the marriage was childless was irrelevant to whether there should be a departure from the application of the equal sharing principle. Moreover, there was no reason to distinguish between an accrual (of assets) over a short marriage and an accrual over a longer marriage. The statutory factor of the duration of marriage was likely to be reflected in any event in that an acquest over a shorter period was likely to be less. Mostyn J also considered the approach to valuing businesses in this case where three accountants gave ‘hot-tub’ evidence as to the value of one of the husband’s companies. Tahmina Rahman, barrister at 1GC Family Law Chambers, considers the issues.
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