Wealthy couples splitting up increasingly turn to arbitration as streamlined alternative to overburdened traditional route
The wealthy are accustomed to choosing private healthcare and private schooling, but now private divorce is an option too. Thanks to intense delays in waiting for court appointments and unwanted publicity once they get them, couples in England are turning in greater numbers to private arbitration to help them sort out the details of their divorces, say lawyers — in some cases, with hundreds of millions of pounds at stake.
for your first appointment,” said Cockcroft, then “a few months” for a hearing to negotiate the settlement and “several more” for the final hearing. A divorce through the courts may take up to two years but in arbitration it can be as little as six months, says barrister Alexis Campbell KC, joint head of chambers at 29 Bedford Row.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wealthy businessman and his wife deny culpability for groundsman's death while spraying weed killer...Defence chief Nicholas Prest, 71, and his wife Anthea, 70, have denied culpability for their groundsman's death while he was spraying weed killer from a quad bike at their country home.
Read more »
OnlyFans Moms: How Wealthy Parents Are Using the Platform to Earn a FortuneThis article explores the phenomenon of OnlyFans mothers, highlighting their financial success and the impact it has on their parenting. It features interviews with Molly Manning and Jess Miller, who share their experiences and perspectives on the adult industry.
Read more »
Thousands flee as winds fan fires across wealthy Los Angeles enclaveHomes destroyed in coastal Pacific Palisades neighbourhood as residents rush to escape on canyon roads
Read more »
Wildfires Engulf Wealthy Los Angeles Neighborhood, Prompting Mass EvacuationsFierce wildfires fueled by strong winds ripped through the affluent Pacific Palisades neighborhood of Los Angeles on Tuesday, incinerating homes and forcing the evacuation of 30,000 residents. Over 2,900 acres have been consumed by the blaze, prompting a state of emergency declaration from both California Governor Gavin Newsom and Los Angeles Mayor Karen Bass. President Joe Biden assured federal aid to support the state's response to the disaster.
Read more »
Trump’s bonanza of the centuryElon Musk and other super-wealthy entrepreneurs stand to benefit from deregulation
Read more »
Kevin Whately Discovers Surprising Family HistoryActor Kevin Whately learned about his wealthy capitalist ancestors on Who Do You Think You Are.
Read more »