Yesterday; Tuesday 6 February 2018, our Family Finance Team along with a Member from our Commercial & Chancery Team and two external speakers from Tanners and Milsted Langdon spoke at our ‘Constructive use of business structures in Financial Remedy Proceedings’ full day conference at the NOVOTEL City Centre, Bristol.
The day comprised of discussions on cases in which one or both of the partners in a divorce own a business and dealt with such issues as whether it is possible for both parties to continue to run the business after divorce using dividends to pay maintenance, shareholders’ agreements and S.31 (7A to 7F) Matrimonial Causes Act 1973. The talks encompassed in the day as presented by our speakers included: “But it’s my business (and always has been)”; So how should I structure my limited company or LLP?; Businesses in financial relief proceedings; Shareholder Agreements, Unfair Prejudice and Derivative Actions; Making divorce less taxing; Nuptial and Marital Agreements.
St John’s Chambers speakers included: Christopher Sharp QC, Nick Miller, Zoë Saunders, Charlie Newington-Bridges and our two guest speakers; Simon Denton, Partner at Milsted Langdon and Peter Marrow, Partner at Tanners Solicitors. We were delighted to be able to open the conference to both solicitors and accountants as talks included information and updates on eventual sharing of the sale proceeds of a business combined with cessation of maintenance.
Delegates gave excellent feedback including:
“Very helpful day thank you – linking those areas and highlighting this was really useful.”
“Great thank you! Really useful and very well thought through as a comprehensive day’s course.”
“Excellent – well worth the trip from South Wales!”
You can follow the live tweets from the day by searching #SJCFamily2018 on Twitter.