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Divorce ruling ends era of 50/50 split 14 June 2017
Couples who divorce after short marriages with no children cannot expect an equal share of marital assets after a ruling by senior judges yesterday.
In a case said to mark a radical shift in approach, appeal judges ruled that a cheating husband whose city trader wife made an “eye-watering” £10.5 million in bonuses in five years was not entitled to an equal share of the assets.
They said that Robin Sharp could not claim half of his ex-wife Julie’s fortune after their four-year, childless marriage and they sliced £725,000 from his award. The judges in the Court of Appeal in London ruled that a £2 million piece of the £5.45 million family fortune was all Mr Sharp deserved.
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