News

Mills-McCartney saga ends in £24.3m settlement

Author: Emma Sadowski

Published: 17/03/2008 15:31

Email article | Comment on this article | Sign up to News Alerts

Heather Mills has been awarded almost £25m in the settlement of her high-profile court battle with former Beatle Sir Paul McCartney, in one of the largest-ever celebrity divorce settlements.

Mills – who represented herself after parting company with West End firm Mishcon de Reya – failed to agree a settlement with McCartney during their lengthy court battle, leaving the judge, Mr Justice Bennett, to determine the final figure.

It was announced today (17 March) that Mills will receive £14m for herself and £2.5m to buy a house in London. With the addition of £7.8m in her existing assets, she will exit the marriage with a total of £24.3m.

Payne Hicks Beach family law partner Fiona Shackleton represented McCartney throughout the proceedings.

Former model Mills split from McCartney in April 2006 after four years of marriage. She originally sought £125m, having claimed that her ex-husband was worth more than £800m. However, the court found that McCartney’s fortune totalled just £400m.

Mills told reporters outside London’s High Court today that she was “glad that it was over” and that “it was an incredible result to secure [her and her daughter’s] future”.

The couple split in April 2006 after four years of marriage, with the judgment based on Mills and McCartney co-habiting since 11 June, 2002.

The settlement comes after it emerged last month that Mishcons is in dispute with Mills – who publicly urged more litigants to represent themselves – over alleged unpaid fees. The firm split from Mills in November 2007, ending an 18-month relationship between litigation specialist Anthony Julius and the client.

You can read the judgment in full here.

Joanne Edwards in Legal Village: 'Heather needed guidance - and so do the judges'

Job of the Week

Head of Office Abu Dhabi

Head of Office - Abu Dhabi

Job of the Week

Senior Employment Lawyer - Manchester

Senior Employment Lawyer - Manchester

Quick Job Search

>Advanced Search