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V v W: Zero emissions from an FDR

Image: Public Domain, via Piqsels We are all aware that anything said at an unsuccessful FDR must not be disclosed later in the financial remedy proceedings, but I don’t think I have ever considered the possibility of disclosure in other proceedings. This is just what was considered by Sir James Munby in the recent case V v W . The case centred around the cost of a report valuing a company in which the husband had an interest, prepared in connection with financial remedy proceedings. Without going into detail, the husband essentially claimed that the valuers had negligently over-valued his interest in the company by some £1.5 million, as a result of which the award eventually made in favour of the wife was considerably more than it should have been. He therefore refused to pay the valuers’ fee of £75,000, and defended the claim that they made for payment. In connection with his defence of the claim the husband sought disclosure of the transcript of the FDR, which took place just two da

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