Strand, London, WC2A 2LL
B e f o r e :
|- and -
Patrick Chamberlayne QC (instructed by Sears Tooth) for the Respondent
Hearing dates: 11 May 2017
Crown Copyright ©
Mr Justice Mostyn:
i) The husband is a very rich man having assets valued in the region of £37 million, virtually all of which was liquid or capable of being easily liquidated. The great majority of this predated the marriage although the judge found that a little over £2 million had arisen during the marriage.
ii) The parties enjoyed a very high standard of living. They had three homes in Cheshire, Knightsbridge and Marbella with a combined value of over £5 million.
iii) The wife had suffered serious psychological harm as a result of the married life and its breakdown. This was diagnosed by a consultant psychiatrist instructed as a single joint expert. The wife was not raising conduct or casting blame but her medical condition was an undisputed fact. She left this marriage in a condition of great damage and vulnerability. As such the future for her, particularly in relation to any earning capacity, was very uncertain.
"I come to the conclusion that the appropriate lump sum in this case which will enable the wife, first, to acquire and set up home in the area in which she wishes to live, an aspiration which in all the circumstances of this case I find to be reasonable, having some regard to the lifestyle enjoyed during the marriage and her current impairment, to give her a secure income going forward sufficient to give her a comfortable standard of living although not at the level enjoyed by the parties during their relationship, and time to adjust to the breakdown of the marriage, having regard to the husband's wealth, equally the shortness of the marriage, is £4.25 million"
|Purchase of property||2,300,000|
|Income producing fund||1,341,500|
"I have, again, used a very broad evaluation and consider that that is approximately 10 years purchase without any reduction for acceleration which I did not think was appropriate, again having regard to the size of the resources and the lifestyle enjoyed by the parties during the marriage."