The £980,000 divorce

How to blow a fortune on divorce lawyers.

Divorce can be an expensive business. It was certainly expensive for Mr and Mrs Giles Kavanagh, as they once were, but now, after five years of court battles, are no longer. In the process of separating they have blown their entire fortune on lawyers.

What's so ironic about this case, leading to some gleeful commentary in the press, is that both Kavanaghs are themselves lawyers. But though acutely aware of the hazards of litigation, they ploughed on like gamblers convinced their luck will turn.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.