Hippy millionaire’s unemployed ex-wife wins £300k share of his fortune

Hippy millionaire’s unemployed ex-wife wins £300k share of his fortune

Posted by on Jun 16, 2016 in News

You may remember the article posted in relation to this case Vince v Wyatt: The Supreme Court’s controversial decision and the recurrent article with the court’s decision Remember Vince v Wyatt? Now you can witness the court’s decision for yourself.

It has now been decided by the Court and the ex-wife did receive an award despite the length of time between the separation and the wife bringing the claim.

In a landmark court ruling, the ex-wife has won a £300,000 share of her ex-husband’s fortune – more than two decades after they divorced.

Kathleen Wyatt, 55, had earlier demanded a £1.9 million payout from Dale Vince, 53, although she did not lodge a maintenance claim until more than 25 years after they had separated, and nearly 20 years after their divorce.

The Supreme Court awarded her a £300,000 share of his fortune, which will include legal costs.

Mr Vince is a former New Age traveller who became a millionaire businessman through his company Ecotricity, which he launched years after the couple parted.

Mr Vince, who last year said his ex-wife was ‘cashing in on an old lottery ticket’, described the ruling as ‘mad’.

 

If you need advice on how to protect yourself from this kind of situation please book in for a free initial consultation with an experienced family lawyer.

To read the full article please visit the Daily Mail’s website.

Is a balance achieved between granting parties autonomy over their financial futures and allowing the court discretion to achieve fairness achieved?
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