Client highlights

Prest v Prest [2015] EWCA Civ 674

The Court of Appeal dismissed the husband’s appeal against a judgment summons imposing a suspended sentence of four weeks imprisonment as a result of his failure to pay the wife the sums ordered by the court.

Prest v Petrodel [2013] UKSC 34

A decision of huge significance both to family law and company law. The Supreme Court left the corporate veil intact, but used trust principles to find that husband was the beneficial owner of various properties, which the court could then order him to transfer to the wife.

Private money funds raise £74 million

Author: Anthony Turner

Group of private investors and entrepreneurs unite on MBO.

We advised a group of private investors, led by serial entrepreneur Neil Utley, in a deal to back the MBO team that bought the London brokerage and corporate finance house, KBC Peel Hunt. CEO Simon Hayes described the buyout as a rebirth for the company.

Radmacher v Granatino [2010] UKSC 42

This hugely significant Supreme Court case established the current law in relation to pre-nuptial agreements. The Supreme Court determined that the court should give effect to a nuptial agreement that is freely entered into by each party with a full appreciation of its implications unless in the circumstances prevailing it would not be fair to hold the parties to their agreement. This gave pre-nuptial agreements more weight than ever before in England and Wales.

Property partnership: driving the deals behind a new market town

Author: Jeremy Gordon

Farrers has been advising one of our entrepreneurial clients, Red Tree LLP, on a major property development partnership, creating an urban extension – the town of Sherford near Plymouth.

Mackay v Mackay [2015] EWHC 2860

A High Court judge recused himself from hearing a dispute over a final consent order for financial provision when it transpired that he and the husband had a friend in common.

Y v Y [2012] EWHC 2063

An important divorce case, involving a landed estate and inherited assets.

Meeting the entrepreneur’s needs: Sir Keith Mills uses Farrers for £350million deal

Author: Bryony Cove

Farrers is helping to meet commercial, private and philanthropic objectives for a number of top-flight entrepreneurs. Our work for Sir Keith Mills, Chief Executive of London’s 2012 Olympic Team and Britain’s America’s Cup Team, demonstrates just how our depth of expertise and appreciation of the full range of the issues faced by entrepreneurs enables us to provide truly joined-up solutions.

Positive resolution from complex disputes: the world’s highest-value divorce

Author: Jeremy Posnansky

Farrers has been advising offshore trustees in what has been described recently as “the world’s most expensive divorce”. One spouse is challenging the validity of transfers into a trust and also questioning whether they should be valued at the date of transfer, or based on the current value.

Paving the way for £366 million merger

Author: David Smellie

Advising senior executives on new contracts meeting strict deadlines.

Our Employment team is increasingly being asked to advise senior management on corporate activity. The recent acquisition of investment management business, Gartmore Group Ltd, by their rivals Henderson is a case in point.