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Property Tycoon Facing UK’s Largest Divorce Settlement

A property tycoon who sits on the board of Formula One team Lotus is facing one of the largest divorce settlements seen in the UK after it was announced that he was splitting from his wife after 18 years.

Andy Ruhan, who is estimated to be worth more than £200 million began divorce proceedings last year ending almost 20 years of marriage. However, according to the Sunday Times a divorce settlement may be delayed due to a disagreement with business partners. Mr Ruhan is being sued by his former business partners for a share of the profits from the sale of 37 Thistle hotels in the mid-2000s, but the case is not due to be heard at the High Court until next year.

Divorce Proceedings

It is unknown what Ms Richardson-Ruhan is will attempt to claim, however, in the papers she stated that her estranged husband 'became emotionally distant' and 'detached from the marriage'. However, with a substantial fortune and numerous court cases expected it remains to be seen what she will attempt to claim.

The news comes despite a report finding that often money issues were the main reason for divorces in the UK. A survey found that seaside towns throughout the UK were more likely to see divorce, with many citing the pressure of earning as one of the main reasons. According to statistics, the divorce rate in the UK as a whole was 8.2 percent last year, according to figures from the Office for National Statistics.

The increase in the number of divorces is being driven by those aged 50 to 64, than in younger age groups.

Obtaining a Divorce

Getting a divorce can be one of the most difficult things to do with the breakdown of a relationship being a difficult and emotional time. In Scotland, there are two grounds for divorce with unreasonable behaviour being the most common reasons for divorce, with many things falling under said banner. You can seek a divorce if the marriage has broken down irretrievably or that one of the partners to the marriage has an interim gender recognition certificate. Furthermore, if you have been living apart for two years, you will be able to apply for a divorce regardless of if your partner agrees to such a request. If you have no children under the age of 16 and have agreed about how to split capital and the estate then you can obtain a simplified divorce which tends to be cheaper, however, if you cannot agree about some of the conditions of the divorce, or if you have children under the age of 16, you must go through a solicitor when obtaining a divorce.

Contact Us

Getting a divorce can be an exceptionally difficult time for you and your family, and at Family Law Aberdeen we understand how difficult such proceedings can be. We aim to make the process as straightforward and stress-free as possible. If you require the advice of our team of solicitors regarding any family matter, or if you wish to begin divorce proceedings, contact us today using our online contact form.

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