Mills v McCartney: Read the judge's full summary here

[bijou]

Mr Justice Bennett issued a summary of his judgment handed down today after hearing the Sir Paul McCartney/Heather Mills divorce case in private.

The summary reads: The fundamental issue was what financial provision should be made for Ms Mills. She sought an award of almost £125 million.

Sir Paul proposed that the wife should exit the marriage with assets of £15.8 million inclusive of any lump sum award.

The judge decided that the husband should pay the wife a lump sum of £16.5 million which together with her assets of £7.8 million (which include her current properties) means that she exits her marriage with total assets of £24.3 million inclusive of a deemed figure of £500,000 referable to her overspending in the period of separation.

The judge found that the total value of all the husband's assets, including his business assets, was about £400 million.

There was no evidence at all before him that he was worth £800 million.

The judge found that although the parties met in 1999 and formed a relationship, the parties did not cohabit from March 2000, but did so from the date of the marriage (June 11, 2002).

The parties separated in April 2006. The length of the marriage was just under four years.

The judge refused to permit either party to raise as an issue the alleged conduct of the other on the broad ground that it was irrelevant.

The judge, in undertaking the exercise prescribed by Section 25 of the Matrimonial Causes Act 1973, decided that the needs of the wife were a factor of magnetic importance.

The lump sum of £16.5 million is made up of a sum of £14 million as the capitalised figure for the wife's income needs, which the judge assessed as £600,000 per annum, and a sum of £2.5 million for the wife to buy a property in London.

Financial provision for Beatrice consists of a periodical payments order of £35,000 per annum, the husband agreeing to pay for her nanny and her school fees.

The court made an order in the following terms: Save for the release of the judgment and order dated March 17 2008 the wife and the husband and any persons acting on their behalves are strictly prohibited from publishing, disclosing or in any way revealing without the consent of the other the evidence, correspondence, transcripts, judgments or orders in the proceedings concerning:
(a) the child of the family
(b) the main suit
(c) the cross applications for ancillary relief and
(d) any marital confidences.


If consent is not forthcoming then the party seeking publication shall be entitled to seek the permission of a Family Division judge to do so.

http://www.metro.co.uk/news/article.html?in_article_id=120194&in_page_id=34

[Chris_]

Yeah, I overshoot by $1.1 million sometimes, too.

[bijou]

Yeah, I overshoot by $1.1 million sometimes, too.

Those little necessities soon add up. 

[Chris_]

Glad to hear they finally resolved that case. 

Now, all that needs to happen is for Heather to go away.  She is rather obnoxious, even here in the US.

[THA HOUSTON PIMP IS IN DA HOUZ!]

money grubbing beyotch.

And what's with this "my child" business?    Uh Hello sweets, that kid is Paul's too.

[DumbAss Tanker]

Perhaps now she can afford that peg leg, so she can fit in with the rest of the pirates if and when she visits the Tortugas.

 

[Chris_]

Perhaps now she can afford that peg leg, so she can fit in with the rest of the pirates if and when she visits the Tortugas.

 

[Ptarmigan]

No offense to any females here. The Beatles have bad luck with certain women they marry. Yoko Ono and now Heather Mills. Yoko Ono ruined The Beatles.

[Chris_]

No offense to any females here. The Beatles have bad luck when it comes to women. Yoko Ono and now Heather Mills. Yoko Ono ruined The Beatles.

Ringo has been a long time with Barbara Bach who was pretty hot in her day:

[stickyboot]

Each of them managed to marry a real wife at least once.

P.S. Read "Wonderful Tonight" by Patti Boyd and you will be grievously disappointed at how a woman who had multiple songs written about her by two musical greats could possibly be so boring. I'm not even going to bother with the sequel.

Read "John" by Cynthia Powell Lennon (etc., etc.) and you will not only enjoy a definitive John Lennon biography, you will have your "mousey little first wife" misapprehensions destroyed forevermore, making the "why" of Yoko all the more mystifying.

[Lauri]

Each of them managed to marry a real wife at least once.

P.S. Read "Wonderful Tonight" by Patti Boyd and you will be grievously disappointed at how a woman who had multiple songs written about her by two musical greats could possibly be so boring. I'm not even going to bother with the sequel.

Read "John" by Cynthia Powell Lennon (etc., etc.) and you will not only enjoy a definitive John Lennon biography, you will have your "mousey little first wife" misapprehensions destroyed forevermore, making the "why" of Yoko all the more mystifying.

of all the women out there... Yoko Ono.. i just didnt get it. she is not attractive, has a putrid voice, her 'art' is questionable... i find nothing even remotely interesting about her. she's stiff and has no personality that i can detect.. so yeah, i find it mystifying to say the least.

[Crazy Horse]

Yeah, I overshoot by $1.1 million sometimes, too.

I guess ya do at $4300/hour