Wife could earn £100m settlement by moving divorce to UK

By Lenore Rice

London can continue it's reputation as the divorce capital of the world as yet another big money divorce could potentially be moved there to secure a larger divorce settlement.

Art dealer Tatyanna Franchuk, aged 37, and construction magnate Manuel Couto Alves, aged 46, were married in Portugal in 2009. She has however applied for their divorce to be heard in London were she has a house and her two teenage sons attend school. The divorce settlement could exceed £100million if heard in London, and a friend says Ms Franchuk doesn't believe she will get as much if the case is heard in Portugal.

Applications for a divorce to be heard in a country other than the one of residence is often referred to as 'divorce tourism', with the suggestion being that the country is specifically chosen because it's courts are considered to be more favourable. Several high profile divorces of international couples have been brought to the divorce courts in the UK by wives who believe they will receive a larger financial settlement. This particular case is slightly more complicated in that Ms Franchuk began proceedings in Portugal and is now applying for it to be moved to the UK. A decision has not yet been reached in respect of her application.

If you require legal advice from a divorce solicitor in Northern Ireland contact Wilson Nesbitt in Belfast or Bangor by calling 0800 840 1363.