Americans Mark and Jenifer Evans started their marriage with nothing, but after 25 years were worth millions of dollars as a result of their successful internet technology company. They lived primarily in the United Kingdom, but had homes in the United States and in the Turks and Caicos.
When Ms. Evans learned her husband was having an affair the marriage ended in trauma, but the drama had just begun.
In a three-year court battle, referred to by the judge as a “forensic point scoring”, the Evans’ ran up legal bills of over $3 million dollars in their collective efforts to make the other spouse pay…I mean really pay!
Lord Justice Thorpe divided their assets, valued at $60 million dollars, equally between them. Ms. Evans kept their London home and would receive the balance of her cash upon the sale of shares in their company. But the judge was not amused by what he had observed. He described their dispute as “puerile”, telling them “Somebody has to come into the nursery to make some rules”.
But nursery school was not over. Ms. Evans was nervous and fearful that her husband would dispose of the shares, leaving her with nothing, so she asked the Court for a rehearing and a new order.
By this time, Mark Evans had sold 65% of the business to a venture capitalist firm for $30 million. Jenifer Evans got her rehearing, but now the assets were worth $10 million dollars less and Judge Moylan reduced her share of the pot to 45%.
Yes, she should have stuck with what she had, as she lost millions in the new order. I somehow have the feeling that this case is not over.
Ms. Evans remains in London with one of her teenage daughters, while Mr. Evans has married the woman who distracted him from his marriage and lives in California with his eldest daughter. His wife is pregnant with their first child.
Lawdiva aka Georgialee Lang