Remote final hearings in financial remedies cases are facing challenges of financial market volatility, family solicitors have warned
Remote final hearings in financial remedies cases are facing challenges of financial market volatility and uncertainty around property, business and investment values, family solicitors have warned.
Samantha Newton and Megan Prideaux, both family solicitors at Ashfords, said these challenges pose wider questions as to timing of hearings and how they are to be conducted.
“Where an expert has been instructed to provide specific pension advice or to value a business interest or property assets, the reliability of these expert valuations during this unpredictable time is causing concern,” they warned.
They also expressed concern that if hearings were to go ahead, relying on this information could resul...
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