Roman Abramovich, the Russian oligarch and owner of Chelsea FC, announced that he has separated from his third wife, Dasha Zhukova. The couple, who have two children, insisted the split was amicable but they could be embroiled in the world’s costliest divorce if forced to untangle the tycoon’s £7 billion fortune. Abramovich owns Chelsea football…
New figures released by the Ministry of Justice show that in April to June 2017 mortgage possession proceedings increased by 17% on the same period in 2016 to 5,186. This is still considerably short of the peak during the financial crisis from April to June 2009, when claims reached 26,419 over the three-month period. Since the…
From 7 August 2017 new court proceedings came into force meaning anyone entering court, including solicitors and barristers, are now being asked to sip the drinks they are carrying to prove they are not filled with harmful substances or alcohol. The rules will apply to all ‘customers’ who enter the building with an unsealed ‘drink…
The Government has confirmed details for a new pilot scheme to extend court opening times across England and Wales. Six courts have been selected for the trial, including Manchester, adding either an early or a late slot. The early session running from 8am to 10.45am and the later one from 4.30pm to 7pm. The trial…
Sales at High Street retailer Next have had a big boost after an 11.4% increase from their Directory catalogue and internet business. However, full-price sales at Next Retail fell 7.4%, and it said it remained “cautious” about its outlook, given the current consumer environment. Next shares topped the FTSE 100 in early trading, rising more…
Summer Phoenix, sister of actors Joaquin Phoenix and River Phoenix, has divorced Oscar-winning actor Casey Affleck, brother of Ben Affleck. The couple reached an agreement just days after Phoenix officially filed for divorce on 31st July 2017. The couple split in March 2016, after 10 years of marriage. They are the parents of two boys,…
A couple locked in a bitter dispute with their neighbours over a small wall came home to find a huge green lorry trailer parked right outside their home. Sophia and Gwyn Hughes said the huge container blocks out sunlight and obscures the view when they look out of their window. The trailer was positioned at…
A Seoul court ordered Samsung Group heiress Lee Boo-jin to provide assets of 8.6 billion won ($7.64 million) to her estranged husband, Im Woo-jae in their divorce. Lee did receive sole custody of their son in the ruling. Im Woo-jae was dubbed “Mr. Cinderella” by media for his humble background before marrying Lee in 1999.…
Couples who divorce after only a brief marriage can no longer expect to have their assets split equally by default following an appeal court ruling. Energy trader Julie Sharp successfully challenged a ruling that her former husband was entitled to half of the fortune she built up during their four year marriage. She argued that…
Profits at Sports Direct have plummeted nearly 60%, which the firm said was largely due to the weaker pound. Pre-tax profit fell to £113.7m from £275.2m in 2016 because of “currency movements and increased depreciation charges”. Chief executive and the owner of Newcastle Football Club, Mike Ashley, said it had now taken steps to “minimise…