News

Wife receives £337m from divorce settlement

A High Court Judge has recently awarded what is thought to be the biggest financial order made at a final hearing in England.

Sir Chris Hohn and his former wife Jamie Cooper-Hohn, founders of the Children’s Investment Fund Foundation, had fought over assets said to be worth more than £700m.

After having separated after 15 years of marriage, Sir Hohn argued that the wife was not entitled to more than 25% of his fortune because he was the ‘unbelievable money-maker’ and had made a special contribution to their wealth throughout their marriage. However, Jamie argued that the couple’s wealth was created as a result of the ‘partnership’ between them.

The Court ultimately ordered that Jamie would receive a total of £337,000,000.00. Despite being the largest award made by a Court in financial matters on divorce, it is thought that Mrs Cooper-Hohn may appeal to seek more.

Should you be in the process of separating from your partner then please contact our Family Department on 01283 531366 or by way of email to rkausar@astlepaterson.co.uk to discuss matters further.  

Back to News

More News

Video: ‘No fault divorce’? – The biggest proposed change in divorce law for 50 years

Table of Contents The current grounds for DivorceThe proposed grounds for ‘no fault Divorce’Enquire for help with Divorce and Separation ...

Read More
Astle Paterson’s Equality & Diversity Data 2019

As a law firm, Astle Paterson collate, report and publish workforce diversity data about the diversity make-up of our workforce. In ...

Read More
Video: Your Guide to Creating a Will

Following on from our well-received video answering some of the most commonly asked questions about Divorce, we sat down with ...

Read More
Tenant Fees Act 2019 – What are the changes?

To help landlords understand the implications of the Tenant Fees Act 2019, we’ve summarised the key changes that it brings, ...

Read More
Ensuring the best succession planning for your business

Table of Contents Options for business succession planningStock market listingThird party/market salesFamily dynastic successionManagement buy-outs (MBOs)BenefitsDisadvantagesEmployee trust buy-outs (ETBOs)Winding up/solvent ...

Read More
Connect with Astle Paterson

Connect

Book an Appointment
Book an appointment
Burton on Trent Uttoxeter
Astle Paterson Accreditations

Business & Commercial   •   Conveyancing   •   Family   •   Litigation   •   Wills, Inheritance Tax & Probate   •   Employment