Offshore: In case of divorce
The recent decision of the UK Supreme Court in Radmacher (formerly Grantino) v Grantino has reversed the ruling of the Privy Council in MacLeod v MacLeod and cleared the way for prenuptial agreements to be made legally binding. The Privy Council is the court of final appeal for, among others, Bermuda, the British Virgin Islands (BVI) and the Cayman Islands. Its decisions are binding on the first instance and appeal courts of those jurisdictions. It is worth noting that many of the same judges sit in the Privy Council and in the Supreme Court. Two judges, Lady Hale and Lord Walker, were on the bench for both Radmacher and MacLeod.
A recent decision by the UK Supreme Court regarding prenuptial agreements has made clear their legal force in offshore divorce proceedings. Conyers Dill & Pearman’s Christian Luthi explains
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651