20th October 2010
The Supreme Court of England & Wales recently handed down its judgment in the land mark case of Katrin Radmacher, the German paper company heiress, on the validity of the pre-nuptial agreement she signed in 1998 with her then husband, Nicolas Granatino.
The Supreme Court has ruled that the pre-nuptial agreement is binding and that Ms. Radmacher can therefore rely upon it. This is a landmark ruling as the case was seen by family lawyers as the definitive test as to whether pre-nuptial agreements were legally binding in England & Wales.
The case will therefore have ramifications for individuals contemplating a marriage or a civil partnership. A pre-nuptial agreement is now likely to become an essential prerequisite before entering into a marriage or a civil partnership where there is a disparity in the financial position of the 2 parties.
The family lawyers at Rollingsons Solicitors are currently digesting the full judgement of the Supreme Court in order to establish how this will affect the status of pre-nuptial agreements in England & Wales. A detailed follow up article will therefore follow shortly on this website setting out the ramifications of this key decision to the validity of pre-nuptial agreements in England & Wales.
