Today German heiress Katrin Radmacher is seeking to escape paying £5.85million to her ex-husband as a result of a prenuptial contract they both signed four months before their wedding in 1998. Nicolas Granatino, 39, agreed he would not make any financial claim on his wife should their marriage collapse.
However, as the marriage fell apart in 2006, he was awarded £5.85 million by the High Court, with the judge saying that, although the contract would have been legally binding in Germany or France, such agreements are not so in the UK (where the couple wed).
The Court of Appeal overruled this judgement in 2009, and stated that the orginal prenuptial contract should be honoured.
Mr Granatino is challenging the Court of Appeal’s decision today.
The nature of such agreements will be tested at the Supreme Court today amid criticism that as prenuptial deals are not seen as binding in the UK, London is the most financially attractive place to separate from a wealthy spouse.
What are your thoughts on prenuptial agreements? Are they necessary and pragmatic? Or a romance killer?