"A high-profile £14 million divorce dispute involving the former manager of Australian rock band INXS has shone a spotlight on the growing complexity of modern family law cases, particularly where generational wealth, gifts and opaque asset structures are involved. Maria Christina Copinger-Symes, who previously managed the band during its global success, is now locked in a legal battle with her former husband, James Copinger-Symes, a former SAS major, after a financial settlement agreed following their separation in 2022 was challenged over alleged "material non-disclosure"."
"Under the original financial remedy order, Ms Copinger-Symes agreed to pay her ex-husband a lump sum of £1.2 million, leaving her with approximately £5 million from the couple's joint marital assets. However, the settlement has since unravelled after it emerged that Mr Copinger-Symes received a £27.6 million gift from Ms Copinger-Symes' parents after the couple separated. Ms Copinger-Symes argues that the gift was not disclosed during the original proceedings and that, had it been known, it would have fundamentally altered the outcome of the settlement."
Maria Christina Copinger-Symes and her former husband James Copinger-Symes are engaged in litigation over a post-separation financial settlement. An original order left Ms Copinger-Symes with about £5 million after paying a £1.2 million lump sum. The settlement unraveled when Mr Copinger-Symes received a £27.6 million gift from Ms Copinger-Symes' parents after separation. Ms Copinger-Symes seeks a £14 million share, alleging material non-disclosure that would have changed the settlement. Her former husband contends the gift was neither secret nor matrimonial and was given on the understanding she had no entitlement. The dispute has strained family relationships over property and inheritance.
Read at Business Matters
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