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Legal News

: International and UK Law

The Water Cooler

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* City types already facing losing their bonus or even their job are having to cope with another, unexpected side-effect of the credit crunch: divorcing has become harder. According to Anna Wagstaff, a family law partner at Gordon Dadds, there have been a number of cases involving City-types lately in which the divorce can't be finalised because the parties can't sell their biggest asset, their house. "Clients having gone through the heartbreak of divorce and having reached a financial settlement find that they still cannot move on because failure to sell the house means they can't implement their divorce agreement," Wagstaff says. Is there no end to their suffering?

Full post as published by International and UK Law on May 14, 2008 (boomark / email).

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