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Journal

Introduction to Issue One of the Financial Remedies Journal

Introduction to Issue One of the Financial Remedies Journal

I am proud and delighted to introduce the first edition of the Financial Remedies Journal (FRJ). The paper journal sits alongside and complements its own website. Both the paper journal and the website are led by an interdisciplinary Editorial Board and are published and administered by Class Legal. Rhys Taylor

Non-Matrimonial Property – Valuing the Family Business

Non-Matrimonial Property – Valuing the Family Business

“Marriage, it is often said, is a partnership of equals. … The parties commit themselves to sharing their lives. They live and work together. When their partnership ends each is entitled to an equal share of the assets of the partnership, unless there is a good reason to the contrary. Fairness

A Beginner's Guide to Deferred Compensation (and Other Forms of Remuneration)

A Beginner's Guide to Deferred Compensation (and Other Forms of Remuneration)

Introduction For most people earned income means periodic salary payments, received net of tax, from an employer. However, for a comparatively small cohort of people, earned ‘income’ can look a lot more complicated and uncertain. It might take on a different form to that of a simple cash payment. It

The Origins of the Financial Remedies Court – an Insider's View, Part 1

The Origins of the Financial Remedies Court – an Insider's View, Part 1

The introduction of the Financial Remedies Court (FRC), which has just come of age, marks an important milestone in the development of the family justice system. The story of how this came about requires to be recorded before it all recedes into half-remembered history. An account from one who was

The Galbraith Tables: a New Chapter for Pension Offsetting on Divorce?

The Galbraith Tables: a New Chapter for Pension Offsetting on Divorce?

Purpose of this article This article discusses how the thinking on the remedy of offsetting of pension rights has emerged over time, and introduces the ‘Galbraith Tables’, being the authors’ attempt to produce transparent and accessible published tables that are suitable for the valuation of pension rights for such offsetting

Part III: Reflections on the 40th Anniversary of the Law Commission's Recommendations

Part III: Reflections on the 40th Anniversary of the Law Commission's Recommendations

‘As we approach the 40th anniversary of the 1984 Act, the complexities and challenges to which I have referred would suggest that this is an area which could well benefit from consideration by the Law Commission.’[[1]] Much has changed – legally, politically, and societally – since Parliament legislated to provide the

Whose Fault Is It Anyway?

Whose Fault Is It Anyway?

The Divorce, Dissolution and Separation Act 2020, which comes into force on 6 April 2022, represents a significant and positive shift away from investigating reasons for marriage breakdown and towards individuals’ autonomy. Whilst very few practitioners oppose the introduction of no fault divorce,[[1]] in certain quarters of the media