Tatiana Akhmedova, the former wife of Farkhad Akhmedov, a Russian billionaire, has secured the sale of a £4.5 million helicopter owned by her husband. The sum is the first recovered by Ms Akhmedova in partial settlement of an award of over £450 million made by the High Court in financial remedy proceedings arising from the…
The breakdown of a cohabiting relationship presents the same complex array of issues which require resolution as if a couple were married.
The big difference is that where couples are not married, there is no provision in English law by which one party can obtain financial support from the other in their own right; such support has to form part of orders made for the benefit of the children of the family. Disputes about the division of property have to be resolved under principles of Trust and Property Law.
This means that people, often when at their most vulnerable, are faced with a daunting and complex series of steps to take to resolve financial issues with their former partner.
We are experienced in resolving these issues.