Could Your Business be Sold to Fund Divorce Settlement?


Scroll Down
Home > Knowledge Hub > Could Your Business be Sold to Fund Divorce Settlement?

Could your business be sold to fund a divorce settlement?

A landmark Family Court ruling in LE v EL (2024) highlights the potential impact of divorce proceedings on family-owned businesses, with the court ordering the sale of a company to achieve a fair financial settlement.

In an article for Wealth Briefing, Anna Patsalides, Senior Associate in our Family department, and Toby Walker, Senior Associate in our Corporate & Commercial department, explore the implications of the judgment and why business owners should consider the potential impact of divorce when planning for the future.

The article examines how the court’s decision could affect business owners, the importance of considering business valuations and shareholder agreements, and how pre-nuptial and post-nuptial agreements may help establish how business assets are treated in the event of divorce.

With the potential for a business sale to have significant implications for its owners and operations, early planning can help protect both personal and business interests.

You can read Anna & Toby’s full article here: Could Your Business be Sold to Fund Divorce Settlement? – Wealth Briefing

Disclaimer: General Information Provided Only

Please note that the contents of this article are intended solely for general information purposes and should not be considered as legal advice. We cannot be held responsible for any loss resulting from actions or inactions taken based on this article.

Insights

Latest Insights

Photo of city skyline
02 October 2025

What are directors’ duties?

For most, being a director of a company is hard work: you’ve put the blood, sweat and tears into setting… read more
A picture of a small village street lined with houses and shops
24 September 2025

SDLT – Why is it back in the headlines?

We have all seen the reports in the press about the former deputy prime minister, Angela Rayner. It comes as… read more
Picture of a doctor making notes on a patient in the background
23 September 2025

Employee awarded £1.2m after employer mishandles sickness absence – how can employers avoid getting it wrong?

In the recent case of Wainwright v Cennox plc, the Employment Tribunals considered a situation where an employee discovered that… read more

Request a call back

We’ll arrange a no-obligation call back at a time to suit you.