Judge warns couple not to commit “financial suicide”

A High Court Judge has recently warned a couple not to commit “financial suicide” following chronic litigation in relation to divorce, financial and children proceedings. The Husband and Wife had net wealth of approximately £4 million but they had already committed nearly one-quarter of that to highly charged litigation in three jurisdictions.  The Judge described this as a “tragedy” and urged and beseeched the parties to reach a settlement.

Husbands and wives, mothers and fathers often allow the emotion, anger and hurt to take over. This is completely understandable.  A good family law solicitor should be sensitive to this but encourage parties to focus on the key issues, most commonly the children, and to try to conduct the proceedings in a constructive and professional manner. It is important to note that there is a difference between a firm and decisive approach and an aggressive approach which merely heightens tensions, prolongs litigation and makes it more difficult for a settlement to be reached which ultimately increases the parties’ costs. A lot of people believe that a good family law solicitor needs to be aggressive in order to reach the best financial settlement; this is a myth and incorrect.

James Maguire & Co is a specialist firm of Family Law and Divorce Law solicitors based in Wilmslow, Cheshire. We offer legal advice to parties going through a divorce including the financial issues which flow from this and children matters including child maintenance.

We can also advise on Schedule1 Children Act 1989 applications.   We advise clients in the Wilmslow area and also to the surrounding areas of Alderley Edge, Bramhall, Hale, Altrincham, Manchester and the North West. We are also able to act for clients nationally and internationally subject to the jurisdiction of England and Wales. For advice please contact James Maguire by telephone +44 (0) 1625 529456 or by email james.maguire@family-law.co.uk