Beneficial ownership of assets under scrutiny in divorce

Disclosure orders lift corporate veil against third-party businesses

david-greer

The titanic struggle between Sir Christopher Hohn and his former wife which played out in the Family Division of the High Court and across the media in the summer was a stark illustration of the dangers that divorce proceedings pose for businesses and particularly for hedge funds.

Before 2001 and the landmark case of White v White, the court would have been concerned with what Mr Hohn should provide his wife to meet her "reasonable requirements". In view of his obvious wealth, it would have been

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