The Parties’ Proposals
83.On the basis that the FMH is transferred to W, H offers a payment of £4.1m spread over 4 years with interest on the unpaid elements paid at a rate of 2.5% pa. He makes no further offer in respect of the children. He calculates his offer as representing a 70/30 split.84.W proposes that she should receive, in addition to the FMH, a lump sum of a little over £15m payable over 5 years with interest at the rate of 1% above base rate and earlier payment in the event of certain circumstances set out in her offer. She calculates this as being a 40/60 share of the assets (with H receiving the larger sum to reflect his continuing endeavour, pre-marital assets, and the fact that he is taking the risk-laden assets). She seeks maintenance for the benefit of the children at the rate of £50,000pa per child with CPI increases.
- Approved Judgment
- SIR JONATHAN COHEN:
- The History of the Marriage
- ABC and its value
- The Evidence of the SJE
- The Upside Valuation
- E v L [2021] EWFC 60 (Fam)
- The Asset Schedule
- Post Separation Endeavour
- W’s Earnings
- H’s income
- Standard of Living
- The Children’s Costs
- The Parties’ Proposals
- Liquidity
- Resolution
- Fairness
- Time for Payment
- Nominal Spousal Maintenance
- Child Maintenance
