Money (That's What I Want)

tag:blogger.com,1999:blog-21147733.post-37480992994363926422008-03-17T13:42:00.006Z2008-12-08T23:17:16.670ZMoney (That's What I Want)<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_LByXmYhLTdA/R951YNGm7UI/AAAAAAAAAt4/Vvz02yjJzMo/s1600-h/m%26m.JPG"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 155px; height: 71px;" src="http://3.bp.blogspot.com/_LByXmYhLTdA/R951YNGm7UI/AAAAAAAAAt4/Vvz02yjJzMo/s320/m%26m.JPG" alt="" title="Who was happier?" id="BLOGGER_PHOTO_ID_5178705680217337154" border="0" /></a>So, it was £24.3 million - close to the 'estimates' flying around in the last few days. Let us just hope that is the end of it... Update: <a href="http://business.timesonline.co.uk/tol/business/law/article3568968.ece">The Times</a> has published a summary of the judgement (thanks to <a href="http://innertemplelibrary.wordpress.com/2008/03/17/full-text-mccartney-mills-divorce-judgment-the-times/">Current Awareness</a> for the link), which gives some details. Points to note: 1. Ms Mills sought an award of almost £125 million, whereas Sir Paul proposed that she should exit the marriage with assets of £15.8 million, inclusive of any lump sum award. 2. She was awarded a lump sum of £16.5 million, which together with her assets of £7.8 million means that she exits the marriage with total assets of £24.3. 3. The £16.5m award was made up of a sum of £14 million as the capitalised figure for her income needs, which the judge assessed as £600,000 per annum, and a sum of £2.5 million for her to buy a property in London. 4. Sir Paul's assets were valued at £400 million. Mr Justice Bennett found that: "There was no evidence at all before him that he was worth £800 million." 5. Lastly, the parties were: "strictly prohibited from publishing, disclosing or in any way revealing without the consent of the other the evidence, correspondence, transcripts, judgements or orders in the proceedings concerning (a) the child of the family, (b) the main suit, (c) the cross applications for ancillary relief and (d) any marital confidences." OK, now let's hope that that really is the end of it, although I doubt it somehow.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/21147733-3748099299436392642?l=www.familylore.co.uk'/></div>John Bolchhttp://www.blogger.com/profile/16676004014279763939john@familylore.co.uk11