3PB Direct’s Family Team – one of the largest in the UK and highly rated and respected for providing advice to husbands, wives, partners and wider family members – can assist you in all areas of family divorce and finance. Everything from the straightforward division of marital assets to the complex dissemination of family-owned assets on divorce (including overseas dynastic family trusts, family businesses, third-party owned assets and international assets).
We have a proven track record in acting in family disputes involving high net worth and international individuals, disputes involving offshore assets, family trusts, complex tax structures, private and publicly listed companies, limited liability partnerships, landed estates, inherited and pre-acquired assets, and pre-marital agreements.
Your 3PB Direct specialist barrister can advise you about all issues of Financial Provision following divorce issues such as:
The family court process has become more streamlined and many cases are now resolved with fewer hearings, the most pivotal of which is the FDR (Financial Dispute Resolution) hearing. This hearing provides both guidance for future conduct of the case and opportunity to advance/settle matters where appropriate. The success rate at these hearings is good so demand is therefore high.
We are pleased to offer a service which is designed to work in tandem with this system. Our experts can now offer Early Neutral Evaluation which is a private form of FDR hearing, held either in chambers or a venue of your choosing.
The many benefits include:
The scheme we offer is voluntary and is designed as a bespoke enhancement to the court process (it also potentially saves time for the Court).
The actual process of the private FDR is almost identical to the current court process. At the initial FDA (First Directions Appointment) the parties indicate their intention to attend a private FDR. The court will be asked to list the case for a 1 hour Directions Appointment after the private FDR so that the court can either approve the agreement or give final directions for hearing.
What this means for each party is that the papers in each individual case are considered prior to the hearing, with each person having representation by a barrister if they wish. Anything discussed during the meeting will be without prejudice so cannot be referred to at future hearings. Without prejudice correspondence will also be considered at this stage. Guidance is given as to the likely range of outcomes, potential strengths and weaknesses of each case as viewed on the day and how the parties can move forward and settle their case.
If settlement is achieved, Heads of Agreement are drawn up and at the later Directions Appointment the court is asked to approve a consent order, which will be binding on both parties in the usual way.
This private mediation scheme is proving hugely successful in UK courts. The advantage over the court process is that each individual case is the only one considered on that day, giving each party the time and space needed to consider all the points at what is often a difficult and stressful time. It is also likely that a more speedy hearing date will be agreed rather than the usual listings in some London courts. 3PB has six UK offices so can offer a suitable venue for meetings or can travel to any venue to suit our client.
3PB offer family arbitration as part our modern case resolution options. For clients seeking to avoid the delays and standardization of the usual court process family arbitration offers binding decisions in a more bespoke fashion.
For full details of the scheme itself please click here.
For further information on estimated fees please visit this page.
For help and advice please contact Ian Charlton on +44 (0)3333 231 586 or email us.
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