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Lump sum application under Article 29(b) of the Matrimonial Causes (Jersey) Law, 1949.
The wife is asking for the transfer to herself of the husband's share in the former matrimonial home, maintenance, preferably in the form of a capital sum, to be paid to her, the contents of the former matrimonial home, a further lump sum and costs.
The husband, who makes out that he has revealed all the financial matters about which he has been asked, is happy to part with his share of the former matrimonial home and contents, but asserts that he can only find £150,000 to settle matters with his former wife. She on the other hand has asked for £250,000 plus a further lump sum to reflect his, as she sees it, considerable undisclosed wealth.
I believe the truth of the matter of the husband's disclosure to lie somewhere between the two points of view expressed. Until recently he was a director, and he is still a shareholder in X Trust Ltd.
His activities in the name of the Trust were touched upon in his evidence and in the evidence of the wife's accountant instructed for this hearing.
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