BS v CL

BS v CL

Equal division of non-business assets is appropriate given liquidity and agreement. Business assets are to be divided 58:42 in favour of the respondent due to illiquidity and risk, reflecting established legal principles and the evidence on asset values and liquidity. Costs adjustments are made to reflect disparity and prior orders. The outcome achieves fairness between the parties.

Parties
Applicant: BS; Respondent: CL
Jurisdiction
England and Wales
Judgment Date
24 March 2026
Procedural Posture
Financial Remedy Application / Final Judgment
Outcome
Financial remedy orders granted; assets divided per judgment.
Legal Topics
Financial Remedy, Asset Division, Valuation of Business Assets, Disclosure Obligations, Costs Orders
Family Law Financial Remedy Asset Division Valuation of Business Assets Disclosure Obligations Costs Orders

Case Brief

Summary, issues, holding and outcome

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Parties

BS

Applicant

CL

Respondent

Procedural Posture

Financial Remedy Application / Final Judgment

Legal Issues

  1. 1 Division of matrimonial assets
  2. 2 Valuation of business interests
  3. 3 Disclosure and confidentiality in financial proceedings

Ratio Decidendi

Equal division of non-business assets is appropriate given liquidity and agreement. Business assets are to be divided 58:42 in favour of the respondent due to illiquidity and risk, reflecting established legal principles and the evidence on asset values and liquidity. Costs adjustments are made to reflect disparity and prior orders. The outcome achieves fairness between the parties.

Court Disposition

Financial remedy orders granted; assets divided per judgment.

Orders

  • Family home transferred to applicant at €3,232,040; holiday property transferred to respondent at €2,742,047.
  • Applicant to receive €6,080,723 to equalise non-business assets, subject to costs adjustments.