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Chris Hohn Divorce Ruling 'Could Change Court’s Interpretation Of Divorce Law'

Hedge Fund Manager's Argument Significant For Wealthy Couples


A ruling could be made as early as this week on the case of Chris Hohn, the hedge fund manager whose high-profile split with his wife may change the way that the courts interpret UK divorce law in a particular set of circumstances.

Bloomberg reports that Mr Hohn and wife Jamie Cooper-Hohn's dispute over their £820 million estate, as well as the £2.7 billion charitable foundation they created together, could become the UK's largest divorce settlement. Any ruling could have implications for future cases involving super-rich couples.

Central to the case is Mr Hohn's argument that his financial talents constituted a "special contribution" to the marriage, and his wife should therefore receive only a 25 per cent share of their joint assets instead of the 50 per cent she is seeking.

It is believed that if the "special contribution" argument is successful, it will become a much more common feature of disputes between wealthy couples where one party has made much greater sums than are typical within his or her industry. Although similar arguments have been made in past cases, this instance is significant due to the amount of money involved.

Lawyers said the case may also lead to greater interest in pre-nuptial and post-nuptial agreements, particularly among those working in the financial sector.

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