1. Wealth
April 21, 2009

FT: Landmark case may legalise prenups

By Spear's

One of Germany’s wealthiest women is seeking to enforce a pre-nuptial agreement that would leave her former investment banker husband with nothing in the latest landmark divorce case to hit British courts.

From the Financial Times:

One of Germany’s wealthiest women is seeking to enforce a pre-nuptial agreement that would leave her former investment banker husband with nothing in the latest landmark divorce case to hit British courts.

Katrin Radmacher, a paper industry heiress worth an estimated £100m, claims that her estranged spouse is trying to renege on a deal made before they married in London in 1998, in which he agreed not to make a claim against her in the event of a separation.

If she is successful, the case could overturn the long-standing principle that pre-nuptial contracts, widely recognised in Europe and the US, are not legally binding in England.

Her estranged husband, Nicolas Granatino, has hired Fiona Shackleton, one of London’s most feared divorce lawyers, to represent him at the Court of Appeal next week.

To read the full story, visit ft.com

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