Prest v Petrodel Resources [2012] EWCA Civ 1395

Trowell J. Final hearing in a high net worth financial remedies case concerning the effect of a prenuptial agreement on shares transferred to the husband in companies forming part of the wife’s family business group during the marriage.

In this seven-day final hearing of a long marriage with adult children, the computation and distribution of a variety of assets were determined by a robust analysis and application of the case law by Mr Nicholas Allen KC.

Fiona Hay sitting as a Deputy High Court Judge. Final hearing. The key issues revolved around a business which H had inherited shortly before the parties began cohabiting but which had been transformed during the marriage, arguments concerning non-matrimonial property, and a s 37 application.