It is becoming more commonplace in financial settlement proceedings for one party to argue that a sum of money advanced to one spouse or the couple by a family member, or another related person, was a loan. In many cases, the other party will counter-argue that, for example, the sum of money was intended to be a gift and not repayable.
In those circumstances, consideration should be given as to whether those third parties should be joined as a party to financial remedy proceedings. It is important in these situations that the third party intervenor receives prompt expert advice to ensure that their interests are adequately recognised and protected.
We have specialist experience representing third party interveners in complicated matrimonial financial proceedings involving a family business or where wider family members’ finances are intermingled.
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