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    D-I-V-O-R-C-E....new sharing opportunity

    <!- END: Source and Global links -><!- div ="grey-line"></div-><!- END: M76 Global Navigati&#111;n - er -><!- BEGIN: Regi&#111;n for all c&#111;ntent -><div id="regi&#111;n-column1and2-layout2">
    <!- BEGIN: Module - Main ing -><div ="float-left -relative margin-top-minus-22">@@@@SPAN ="small"> From @@@@/SPAN>@@@@SPAN ="byline">The Times@@@@/SPAN></div><div ="small color-666"> April 14, 2007</div><h1 ="ing">Women to receive less in divorce settlements</h1><!- END: Module - Main ing -></div>
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    The balance of power in divorces tilted away from wives yesterday as a judge
    warned that ex-husbands could not be expected to provide women with a share
    of future earnings for life.



    England’s reputation as the most female-friendly place for divorce was dented
    when a wife who did not have a job was refused £1.5 million compensation for
    loss of her banker husband’s future pay.



    Mr Justice Charles said in the High Court that anyone given an adequate lump
    sum could not expect a share of future earnings.



    The case before him concerned Mr and Mrs H who met at St John’s College,
    Oxford, in 1982 and married three years later. She gave up her job as a
    teacher to follow him to a posting with a bank in Tokyo, and took charge of
    caring for their four children, now aged 9 to 19. Mr H formed a new
    relationship in 2004 and left their £2.7 million marital home, which the
    wife will keep, after 20 years of marriage.
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    </a>[/list]</div></div><!- BEGIN: POLL -><!- END : POLL -><!- BEGIN: DEBATE-><!- END: DEBATE-></div><!- END: Module - M63 - Article Related Attachements ->


    Mrs H, 46, has been awarded £13 million in cash and assets but told she could
    have nothing more.



    The ruling will dispel concerns that ex-wives could get a share of former
    husbands’ future pay rises and bonuses, especially if their careers are
    still on the way up. Mr H is 44 and is deemed to have considerable future
    earning potential.



    The judge was able to award a “clean-break” sum because the couple had built
    up enough assets during marriage to meet the wife’s future needs.
    <

    #2
    Originally posted by Fly_caster
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    <DIV ="float-left -relative margin-top-minus-22">She gave up her job as a teacher to follow him to a posting with a bank in Tokyo...</DIV>
    <DIV ="float-left -relative margin-top-minus-22"></DIV>
    <DIV ="float-left -relative margin-top-minus-22">But Ranjit Kaur, director of the Rights of Women advice group, said: “This woman would be in great difficulty to have a career as financially rewarding as her husband’s. She sacrificed to invest in the family helping him to achieve the position he has achieved.” </DIV></DIV>


    She was a teacher ffs, how much was she ever going to earn out of that Ranjit you tulip

    Comment


      #3
      Originally posted by The Dave
      Originally posted by Fly_caster
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      <DIV ="float-left -relative margin-top-minus-22">She gave up her job as a teacher to follow him to a posting with a bank in Tokyo...</DIV>
      <DIV ="float-left -relative margin-top-minus-22"></DIV>
      <DIV ="float-left -relative margin-top-minus-22">But Ranjit Kaur, director of the Rights of Women advice group, said: “This woman would be in great difficulty to have a career as financially rewarding as her husband’s. She sacrificed to invest in the family helping him to achieve the position he has achieved.” </DIV></DIV>


      She was a teacher ffs, how much was she ever going to earn out of that Ranjit you tulip


      But she'd have longer holidays.[img]smileys/biggrin.gif[/img]
      The early bird catches the worm but it's the second mouse that gets the cheese.

      Comment


        #4

        Originally posted by The Dave
        Originally posted by Fly_caster
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        <div id="regi&#111;n-column1and2-layout2"><!- BEGIN: Module - Main ing ->
        <div>She gave up her job as a teacher to follow him to a posting with a bank in Tokyo...</div>
        <div></div>
        <div>But Ranjit Kaur, director of the Rights of Women advice group, said: “This woman would be in great difficulty to have a career as financially rewarding as her husband’s. She sacrificed to invest in the family helping him to achieve the position he has achieved.” </div></div>


        She was a teacher ffs, how much was she ever going to earn out of that Ranjit you tulip
        I'm sure the £13 million might soften the blow?

        Of course when it comes the the fathers gaining some kind of shared custody of the kids, that's when the "Well the wife has decided to be the Mother and carer for the children, so she should automatically gain full custody of the kids" - Seems like the 'Wife and Mother" argument is used to suit themselves, in both ways.


        Comment

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