This ruling gives a clear indication that couples must be honest when providing full and frank financial disclosure within financial proceedings upon divorce. This is not a change in law; the judgement strengthens the existing position. It will become widely known to the general public and will assist to reinforce how important the exchange of financial disclosure process is.
If you are worried that this judgement may affect you, be safe in the knowledge that if you were honest then you have nothing to fear.
Two women who say they were misled by their ex-husbands and should get more money in their divorce settlements have won their Supreme Court fight. "If one of the parties is dishonest, if they are misleading about what their assets are, then this is a very clear signal that the other party can go back to court, can have the agreement set aside and can have the whole thing considered again," he said.