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Crime and Punishment
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So now
Michael Prest has been given a prison sentence - albeit suspended - for failing to pay arrears of maintenance to his ex wife Yasmin. The case was hot news last year when we heard rumours the
Supreme Court was going to pierce the corporate veil but instead was persuaded to turn trust law on its head to ensure an award to Yasmin of half the matrimonial assets.
It seems that Michael is still smarting from the opprobrium heaped upon him by their Lordships over his tendency to play hide and seek (mainly hide) with the family's assets.
The sentence has been suspended and presumably Michael will now manage to scratch around for the £360 000 of arrears.
It didn't work for Scot Young of course who famously served 6 months in prison in the middle of his case because he failed to...
Read the full article here.
