British Supreme Court Gives Prenuptial Agreements More Legal Force

Oct 21, 2010 - LegalZoom News Sources
British Supreme Court Gives Prenuptial Agreements More Legal Force

A recent British Supreme Court ruling gave prenuptial agreements more weight in divorce cases, bringing the law closer to that in the U.S., the New York Times reports.

According to the news provider, the Supreme Court dismissed an appeal from Nicolas Granatino, a former banker for JPMorgan Chase, in which he asked the court to give less weight to an agreement he signed with a wealthy German heiress when they married in 1998.

In the agreement, Granatino and Katrin Radmacher said that neither person should profit from the wealth of the other in the case of a divorce.

The case had been followed closely by a number of British attorneys, who sought more clarity on the power of prenuptial agreements, which had previously been more popular in the U.S. and the rest of Europe, the news source said.

"Everybody hopes their marriage will last a lifetime," said an attorney representing Radmacher. "From today we are allowed to prepare for the possibility that it might not be the case."

Radmacher and Granatino filed for divorce in 2006, when Granatino left his position as a banker to become a researcher at the University of Oxford. He applied for financial assistance from the court, arguing he did not receive appropriate legal advice prior to signing the prenuptial agreement.