It was interesting to read an article in the May 26, 2009 New York Times by Landon Thomas, Jr. entitled, “For Wealthy British Husbands, ‘Mr. Tooth Calling’ Brings a Chill.” Divorce attorneys seem very much the same on both sides of the Atlantic or as they say the “Pond” as well as anywhere in the United States See the entire article at
www.nytimes.com/2009/05/26/business/global/26divorce.html What I found most interesting in the article was the discussion of one of his cases where the former husband tried to abrogate the divorce settlement because he called the market wrong. This is happening everywhere with the Madoff problems and the fall of housing prices. In a divorce it may now be better to edge your bets and share the potential upside and downside.
As always, you can post any comment about this blog, Divorce Mediation, or Tucson Arizona by following the directions at the right in the green column or at the bottom of this website. Learn more about mediation at https://www.center-divorce-mediation.com/ WM 6/25/09
British Divorce and Bad Financial Guesses