Is the sharing of overseas pensions now at an end, asks Kerry Fretwell
-
This article looks at a recent case involving Mr Justice Mostyn where he rules that foreign pension sharing orders are no longer available for the English Courts.
The case of Mr and Mrs Goyal is an extraordinary one to read and like many extraordinary and contentious cases, it appears to be breaking new ground for family lawyers. The basic facts are as follows. The parties married in September 2003 and have one daughter who is now 9. They separated in 2011 and the acrimonious proceedings since then have involved, as case law reports, 65 separate orders concerning child arrangements, the finances and the divorce proceedings. The divorce has not yet been finalised. Mr and Mrs Goyal are under 40 and Mr Goyal has a career in banking but has become addicted to spread-betting. Having initially been successful in his spread-betting ventures and winning about £40,000 over two years, he moved to London in 2005 and the winning streak stopped. From losing £5,000 in 2005, he lost £100,000 in 2007 and the losses continued
