Lord Justice Munby discusses two areas for reform. Firstly, he explains why cohabiting couples need new legal rights to protect them from injustice if they separate, and secondly he calls for a review of the ancillary relief rules governing division of assets on divorce. On the latter he has, most interestingly, dared to question the 'holy grail' that there should be one set of rules for all, irrespective of the value of their assets, suggesting that it may be advantageous having different rules for the wealthy. As I have said here many times before, I think that a review of the ancillary relief rules is long overdue and that some clearer guidance is required. However, having one set of rules for the rich and one for everyone else would, I suspect, be somewhat controversial.
Monday, December 07, 2009
Lord Justice Munby calls for reform
Lord Justice Munby discusses two areas for reform. Firstly, he explains why cohabiting couples need new legal rights to protect them from injustice if they separate, and secondly he calls for a review of the ancillary relief rules governing division of assets on divorce. On the latter he has, most interestingly, dared to question the 'holy grail' that there should be one set of rules for all, irrespective of the value of their assets, suggesting that it may be advantageous having different rules for the wealthy. As I have said here many times before, I think that a review of the ancillary relief rules is long overdue and that some clearer guidance is required. However, having one set of rules for the rich and one for everyone else would, I suspect, be somewhat controversial.
Labels:
Cohabitation,
Finance/Property
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