Endangered tiger charity caught in divorce dispute
A divorce case that has crippled the charity that the couple founded together may be heard in the London Court of Appeal. Animal lovers in Bedfordshire may have heard of their charity that was set up to save the South China tiger from extinction. The husband, a former banker, earned millions of pounds while working at Deutsche Bank and, in his determination to save the endangered tiger, put millions into the charity.
The couple’s shared passion for saving the tiger led to them founding the Save China’s Tiger charity which is based in South Africa. Their goal was to breed tigers in captivity before releasing them into the wild. The High Court judge who heard the case in October 2014 expressed his opinion that the separation was a result of differences of opinion regarding the future of the charity. The banker’s wife started divorce proceedings shortly after she was removed from her position of director in the charity.
The judge ruled against her claims that charity funds were used by her husband for personal benefit and dismissed allegations that the organisation had been used to launder money. Since the High Court ruling, however, she has been granted a review and can now take the case to the Court of Appeals. The divorce has cost in the region of £2 million so far, and a judge has strongly recommended that the couple to negotiate a settlement between themselves.
When a divorcing couple is able to negotiate a settlement, a solicitor can present a consent order detailing the agreed terms to the court. In situations where there is a dispute concerning the extent of the marital assets, the case may be heard in family court. A solicitor experienced in cases regarding financial settlement disputes that include complex assets may offer a client legal advice aimed at securing a fair division.
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