Latest Solicitors News - November 2010
Prenuptial agreements gain additional clout
Prenuptial agreements have moved a significant step closer to being accepted in English and Welsh courts following a ruling in the Supreme Court which states that “decisive weight” should be given to such contracts.
After the Court of Appeal decided to reduce Nicolas Granatino’s divorce settlement from Katrin Radmacher to £1 million, he took the case to the Supreme Court, which upheld the decision.
The cutting of the settlement was based on the prenuptial agreements signed by Mr Granatino and Ms Radmacher, which stated that they would not claim each other’s money should the marriage fail.
As such agreements are legally binding across continental Europe, including the couple’s native France and Germany, the ruling brings the UK more in line with European legislation, as well as that of most US states, Latin America, Australia and New Zealand.
However, while courts should favour prenuptial agreements in cases where the contract was entered into freely and not honouring it would be unjust, they retain the right to ignore any pre or postnuptial agreement that is deemed to be unfair to either party or the children involved.
For further information, please contact us on 0121 355 4774 or email
info@je-consulting.co.uk or send us an enquiry.
As no two practices are ever
the same, our services are tailored
to meet
your specific needs.
Related Links
News Archive
