Case No. FD19F00071
Family Court

Case No. FD19F00071

Fecha: 04-Feb-2021

£3.087m

.122.I find that H is the beneficial owner of the Foundation and has access to its assets. There is remaining in the Foundation exclusive of the monies already loaned to him assets worth some £17-19m, albeit recently revised down by ND to £13m, largely by writing off the restaurant loan and by currency movements. I think it probable that the value lies within the bracket first given but that there is a substantial amount of current illiquidity. 123.I also find him to have an interest in the German and Russian businesses in a sum that I cannot determine. 124.H was confident about his financial future and his ability to access funds as required. I am sure that his confidence was justified. 125.W says that by reason of H’s inadequate disclosure I should draw robust and adverse inferences. I have made it clear that I am satisfied that H does have both business interests and access to assets which he has not disclosed but inferences need to have a proper factual substratum. As I hope that I have shown, I am not satisfied that I can or should infer that these are so significant or that H is so wealthy that W’s case as to her needs should be assessed at the upper end of the bracket as I am asked to do.