Valuable Diamond is Crux of Assets Dispute in Court
14th March, 2024The division of matrimonial assets is often the cause of protracted legal proceedings, where parties differ on what is due to whom. In a recent Family Court case, the question of whether or not a £2 million diamond formed part of such assets was the cause of conflict. After a couple separated, a consent order was entered into which provided that equity in the matrimonial home – the sole matrimonial asset – was to be transferred to the husband. The wife's assets, which she retained, came from inheritance. The husband later...