Mary and John both had very high-powered jobs. They had recently separated after a marriage lasting 24 years. They had two children both of whom were aged over 18 years old Mary was the CEO of a pharmaceutical company and John was a self-employed information technology entrepreneur. He had founded and ran 2 tech companies. Mary and John were high-value divorce clients.
In addition to the large salaries that Mary and John commanded, the financial assets of the marriage included; a large company pension and large private pension held by Mary; 3 private pensions held by John; the family home that was owned outright in joint names and worth upwards of £850,000. A property in Donegal held in the joint names of the parties, worth approximately €400,000 and a property owned by the family in Spain worth approximately €1.2 million. Additionally, John held a significant number of shares in his two companies.
When the parties provided their instructions, they were very clear that they wished to avoid court where possible. Accordingly after a mutual exchange of financial discovery, a number of joint consultations were convened by legal representatives. The first two joint consultations enabled the legal representatives to narrow down the main the issues and at the third joint consultation a financial agreement was reached between the parties. A matrimonial agreement was drafted and executed by John and Mary who were both wholly satisfied with the outcome.
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