Thursday, August 21, 2008

He Missed Again

As any regular reader will be aware, I don't usually comment on celebrity divorces (OK, OK, I know I've made exceptions to this...), so I've not paid much attention to the Phil Collins divorce. However, Andrew Barton, an Associate at Stephens and Scown in Exeter has pointed it out to me today, and I think it is noteworthy, for the size of the settlement. Collins paid his Swiss ex-wife Orianne Cevey a reported £25 million, which would make it the biggest UK celebrity divorce settlement, beating the sum Sir Paul McCartney paid to Heather Mills, and adding to the £17 million Collins apparently paid to his second wife.

The case has again sparked debate about London being the divorce capital of the world and about pre-nuptial agreements, and why Collins didn't sign one. Perhaps he will next time...

4 comments:

  1. Mr Collins must have a VERY Expensive Ring Coffin.....!!

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  2. Yes, I'm thinking of going into the Ring Coffin business myself...

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  3. Two wives £42M worse off. Similar with Paul McCartney and Heather Mills. I agree with taking care of the ex to some extent, but I am wondering how putting so little into the business side can heap such big rewards...

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  4. Yes. I think the answer is that comparatively these are not such big awards - in each case the wife only got a fraction of the husband's wealth.

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