W v W

Appearances: Howard Shaw (instructed by the The Family Law Partnership) for the Petitioner (Wife) Lewis Marks QC and Mark Saunders (instructed by Hughes Fowler Carruthers) for the Respondent (Husband) Dates of Hearing: 8 � 11 July, 8 September 2003 ____________________

2.12 Give details of any liabilities you have. Exclude mortgages on property dealt with above. Include money owed on credit cards and store cards, bank loans, hire purchase agreements and any overdrawn bank or building society accounts

This letter was used to try to secure an adjournment for a number of years to abide the outcome of the Barings and Equitable Life litigation. This application was dismissed by District Judge Million on the first appointment. Of course by then the Barings litigation had ended and the Equitable Life litigation had not even begun. The suggestion that H had few liquid assets was quite untrue. This letter says a lot about H's attitude to this litigation.

60.1. In relation to bank accounts, that 50% of the fund of about �450,000 should be shown to be H's.

60.2. In relation to contingent liabilities that only 50% of the �2m Barings claim should be shown as H's share. W2 wrote "I know that the other side are highly likely to rebut this".