Honesty is the best policy in disclosure of assets on divorce, ?says Nigel Shepherd

“A lie can travel half way round the world while the truth is putting ?on its shoes,” once said Charles Spurgeon, Baptist preacher.

At the end of June there was a fair amount of publicity given to a dispute between Wall Street millionaire hedge fund manager Daniel Shak and ?his professional poker playing former wife, Beth.

Daniel claimed that during their divorce Beth hid from him a collection of roughly 1,200 designer shoes worth around US$1m that he said she had kept in a secret room in their home. He was looking to reopen their divorce settlement to claim a share of the value. She said that it was ridiculous to say that he did not know about the...

Jean-Yves Gilg
Solicitors Journal

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