P v P divorce case: a bonus for bankers
By James Copson
For bankers, the ruling in the recent divorce case of P v P is a real bonus. The High Court directed that when ordering maintenance payments on marriage breakdown, the proper approach to division of income that included a bonus was to fix a monthly amount to meet the claimant’s basic need from the paying party’s salary and to award an annual top-up from the bonus as a percentage of the net bonus, but subject to a cap (in this case relatively modest) on the total…
If you are registered and logged in to the site, click on the link below to read the Withers briefing. If not, please register or sign in with your details below.
News from Withers
News from The Lawyer
Briefings from Withers
The new statutory defence of truth is an attempt by the legislature to reflect and consolidate the ever-increasing body of case law that has developed over the years.
Withers provides a reminder of the nasty but often overlooked traps that it regularly comes across on UK domicile.
Analysis from The Lawyer
A merged Withers and Speechly Bircham would have scaled The Lawyer’s UK 200 with a turnover of about £170m, and created one of the world’s largest specialist private client teams. So what went wrong?