Estranged spouses of high net worth individuals (HNWIs) are rushing to file for divorce in England before the December 31 Brexit deadline, private wealth law firm Boodle Hatfield has claimed.
Individuals, especially those that are internationally mobile, are hurrying to file for divorce to ensure that settlements are decided under English law. English courts have a reputation for offering generous maintenance payments and an equal split of marital assets.
A no deal Brexit could lead to lengthy cross-border disputes over which court should have jurisdiction over the case, if the other divorcing spouse files in a differen...