In one of the most talked about and bitter divorce cases of recent times how did Mrs Prest manage to win and not "pierce the corporate veil"?
In the Prest v. Petrodel case Michael Prest, a Nigerian born businessman, and several companies in which 13 properties were held, argued that the properties Yasmin Prest were claiming as her divorce settlement were owned by his offshore companies and not by him and therefore could not be claimed by his former wife. However, it was ruled that the companies owned by Mr Prest must transfer the properties to Mrs Pres...