The schedule of assets
41.The asset schedule for this hearing is, fortunately, virtually agreed. The proceeds of the sale of the trading company is held either in cash or bonds and totals DKK 2,349,561,431, which is £280,161,705. There is approximately £3.15 million held in G Co and Y Co, which includes the Danish apartment at £1.27 million, less a mortgage of (£750,000), and the deposit on a boat of £117,000. The Husband is owed £930,072, most of which is a tax rebate due. His other assets are negative to the tune of (£356,083) mostly as a result of tax due to HMRC. He also says he has other liabilities of (£73,202) which relate to a loan he has taken out in relation to the property he has purchased in Spain. This is the single dispute between the parties. The Wife’s other assets are worth £173,612. There are pensions with a value of £128,971. The combined effect of all of this is that the Wife says that the assets are £284,196,586, whereas the Husband has them at £284,123,384. In the context of this case, the difference is completely insignificant. I do, however, have to remember that the schedule does not include the effect of the recent payment of very nearly £30 million to the Wife.
- JUDGMENT
- The relevant history
- The breakdown of the marriage
- The relevant litigation
- Open Proposals
- Section 25 statement
- Supporting witness statements
- The schedule of assets
- The parties’ respective Position Statements
- The law I have to apply
- White v White
- K v L
- Miller/McFarlane
- Work v Gray
- XW v XH
- JL v SL (No 2)
- SK v WL
- Cowan v Cowan
- Evans v Evans
- S v S
- CO v YZ
- Wyatt v Vince
- Cooper-Hohn v Hohn
- Lucas
- British Railways Board v Herrington
- The evidence that I heard
- My conclusions – special contribution
- My conclusions – post-separation endeavour
- Postscript
