Tuesday, August 27, 2013

Expensive Divorce

From the Guardian:

A high court judge has said a couple have committed "financial suicide" by spending £850,000 on legal bills during their divorce [in London].

Aloke Ray, 41, and his estranged wife Charoo Sekhri, who is in her late 30s, had each spent a "staggering" £430,000 after starting divorce litigation, said Mr Justice Holman.

The judge said the couple, a lawyer and a doctor who met via an internet dating agency, had spent nearly a quarter of their combined wealth of around £4m.

He said he had begged them to resolve their differences and described the story as a tragedy.

Read more here.

MR

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Comments

Holy cow! That is a ton of money! Why did they spend so much? I don't think I have ever seen someone spend so much.

Posted by: Family Lawyers Mississauga | Aug 27, 2013 12:16:38 PM

Here in Tulsa County, Oklahoma the Judges often give a speech to the parties saying something to the effect of the following: "You all have already wasted X dollars litigating the divorce and the subsequent motions. The way I (the Judge) see it, you all can continue to waste your precious hard earned dollars litigating petty issues and slinging mud back and forth at each other. Or you in the alternative you both can wisen up and decide to set your precious hard earned dollars aside in a college fund for your children. It's you all's choice whether or not you want to continue this way!"

Posted by: Tulsa Divorce Lawyer Matt Ingham | Aug 28, 2013 12:00:16 PM

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