Patrick Mulcare

The client in this case was in receipt of a Lloyds pension, while also jointly owning property in both England and abroad with his wife.

With tax issues a central part of the case, financial advice was sought from a multinational accounting firm in order to protect both the client’s pension and their international property.

The process has seen the client liaising directly with his wife, using the advice given by both legal and tax advisors to their advantage to come to an equitable agreement that benefits them both. This has served to avoid potentially costly court proceedings, while also maintaining a positive relationship between the pair going forward.

A director and part owner of a company worth in the region of £19m was in the process of a divorce, and requires legal support around the attendant financial matters.

With family involvement in the firm, the central desire was to avoid eroding any goodwill that could disrupt business, while at the same time putting enough pressure on the solicitors acting for the opposing party to obtain a fair and balanced settlement.

In order to facilitate deft handling of the case, a direct channel of communication with the partner’s instructed solicitors was established, which served to keep any dispute or misunderstanding between the parties to a minimum.

We worked on behalf of a client going through divorce proceedings, who had been recommended the firm’s services by another client of the Family Law department.

Following a separation some years previously, the client’s wife had left the country in under acrimonious circumstances, which subsequently led to difficulties while negotiating the divorce and resultant financial agreement.

Mediation, as suggested by our team, helped initially, but with a negotiated Consent Order placed before the Court, the client’s former partner then sought to abandon the agreement following enquiries from a Deputy District Judge.

This led to a further round of protracted negotiations, with our client’s assets needing to be protected and preserved by Dispute Resolution through correspondence.

Still advocating a mediation-led approach, we robustly supported its outcome, enabling the client to maintain the mediated agreement, achieving a result that was considered fair and reasonable under all circumstances, while keeping costs to a minimum thanks to the avoidance of protracted and costly legal proceedings.

Our team acted for an independent financial advisor going through a divorce to robustly negotiate the division of marital assets worth in the region of £7million.

Acting against an international law firm of significant legal standing, our team was able to ensure his client remained in the former matrimonial home, a property inherited by him and of some local significance and standing. The negotiations also included the creation of an education fund for the parties’ children along with the implementation of a pension share.

We were able to successfully meet his client’s objectives of ensuring he maintained a positive relationship with his wife going forward and to reach a fair and lasting agreement by which he retained his family’s home.