Cyclist faces bankruptcy over £100k costs bill for injured pedestrian

A cyclist who knocked down a woman crossing a busy London road says he faces bankruptcy from the resulting costs bill. Gemma Brushett was awarded £4,161 in damages by Central London’s County Court this week after a judge ruled she was equally to blame for the collision as cyclist Robert Hazeldean. Much of the coverage …

Either couple can raise children: Custody battle brings out gender stereotyping – The Standard

ALSO READ: Why my mother-in-law wore a wedding dress on my big day A judge has ruled that men can be allowed sole custody of children, revoking a long-held view that only women are primary caregivers. High Court judge Joel Ngugi declared that it is a fallacy to imagine that men cannot be primary caregivers …

How co-parents can stay on the same financial page – CNBC

Divorce can be especially difficult for parents still raising children. Your post-separation finances don’t have to be. About 40% to 50% of married couples in the U.S. divorce, according to the American Psychological Association. While there are many changes when separating from your spouse, managing the finances for your shared children can be particularly intimidating. …

Should I Use a Personal Loan to Pay for My Divorce?

When you and your spouse part ways, you need to be prepared for the price tag that goes along with the dissolution of a marriage. Wedding cake with angry married spouse figures on top of it. More Image source: Getty Images Nolo estimates the average cost of divorce at around $15,000 — and that’s just for …

Litigation. Costly liability, or Untouched asset? – Lexology

For many companies, litigation is a negative word, and for most it’s a last resort, only to be considered once all other options have been exhausted. Litigation is viewed in this way because it’s normally very expensive, and one of the reasons for this is because lawyers typically charge by the hour, regardless of the …

How a collaborative approach to divorce in Scotland is helping to minimise conflict

If your image of divorce is a bloody battlefield of husband and wife, expensive lawyers, frosty court rooms and children being told to forget birthday and Christmas gifts for the next decade, a new style of Collaborative Practice may come as a surprise. As unlikely as it might seem when the focus is on people …

Judge orders truce after Sheffield businessman and estranged wife spend £1m on divorce lawyers

A High Court judge has urged a rich Sheffield businessman and his wealthy estranged Austrian wife to agree a truce after being told how they had run up £1 million in lawyers’ bills while fighting over less than £2 million. Mr Justice Holman said engineering firm boss, and Conservative Party donor, Sir Andrew Cook and …