British courts finally recognize binding pre-nups

Wed Oct 20, 2010 6:09am EDT
 
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LONDON (Reuters) - The Supreme Court ruled on Wednesday that prenuptial agreements should be decisive in dividing assets in a divorce, synchronizing British law on the issue with the rest of Europe.

The Supreme Court ruled in favor of German heiress Katrin Radmacher, deciding that the prenuptial agreement she had signed with her ex-husband Nicolas Granatino to protect her fortune should be binding in England, though it was signed in Germany, the Press Association reported.

The high-profile case could have wide implications for the popularity of prenuptial agreements in the United Kingdom, legal commentators said.

British courts had previously considered prenuptial agreements not binding when deciding who gets what when a marriage fails.

(Reporting by Anna Yukhananov; Editing by Steve Addison)

 
<p>German heiress Katrin Radmacher reacts at Britain's Supreme Court after winning a decision regarding the prenuptial agreement made with Nicolas Granatino before their wedding, in London October 20, 2010. REUTERS/ Luke MacGregor</p>