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High Court upholds a previous financial settlement in a divorce case, rejecting the contention for a reassessment of asset values despite market fluctuations following the Russian invasion of Ukraine. The court found no basis to revisit the effective tax rate dispute or the pension fund values, as the latter had been provided and the former had been agreed upon by forensic accountants during the trial. Allegations that the husband misled the court about his employment status were dismissed, with the judge requiring an affidavit for clarification. The court's decision affirms the original judgment, with the wife benefiting from the increased pension value and no adjustment for the slight depreciation in share values. The court will also consider the issue of costs and any final comments on the order's details.
Divorce proceedings, financial settlement, market fluctuation, Russian invasion of Ukraine, asset valuation, effective tax rate, pension fund values, employment status, forensic accountants, affidavit, High Court, Family Law Act 1995, proper provision, costs, balancing payment, share values.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
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