• ‘Prest’ into a corner? The implications of Prest v Petrodel Resources Limited
  • September 27, 2013
  • Law Firm: Withers Bergman LLP/Withers LLP - New Haven Office
  • The case of Prest v Petrodel Resources Limited and Others [2013] UKSC 34 has been a battle, through the English High Court, Court of Appeal and Supreme Court, between the principles of corporate integrity on the one hand and fairness on divorce on the other, as much as between Mr and Mrs Prest and the companies in which Mr Prest had an interest. In giving judgment on 12 June 2013, the Supreme Court upheld the sanctity of the principle of corporate integrity but found a solution, on the facts of the case, to provide for Mrs Prest on divorce.