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Paul McCartney Offers Heather Mills £20m (She Wants £50m)
The Telegraph (UK) ^ | 7-20-2007 | Joshua Rozenberg

Posted on 07/19/2007 6:22:47 PM PDT by blam

Paul McCartney offers Heather Mills £20m

By Joshua Rozenberg, Legal Editor
Last Updated: 1:08am BST 20/07/2007

Sir Paul McCartney has reportedly offered a divorce settlement worth £20 million to his estranged wife Heather Mills.

Heather Mills is reportedly holding out for £50 million

At one stage there was speculation that the divorce settlement could leave the former Beatle with a bill for £20 million, but it is reported that Lady McCartney is holding out for £50 million.

If the couple do not reach agreement, their financial dispute could be fought out in the High Court next year.

The case is listed for a five-day hearing next February before Mr Justice Bennett, a Family Division judge who conducted a preliminary hearing last March.

Sir Paul, 65, and Lady McCartney, 39, are using the two lawyers who acted in the divorce of the Prince and Princess of Wales.

Sir Paul has instructed Fiona Shackleton. Lady McCartney is represented by Anthony Julius. A spokesman for his firm, Mishcon de Reya, had no immediate comment on the reports.

Miss Shackleton's firm, Payne Hicks Beach, issued a joint statement with Mishcon de Reya in March, in which they said: "The parties both ask the media please to respect their privacy and the confidentiality of the proceedings, as they work to settle the outstanding issues between them in their divorce."

Following a ruling by the Court of Appeal in May, the law now presumes that marital assets are to be divided equally between both parties.

Previously, equality had been regarded by the courts as no more than a yardstick.

But it does not follow from this that Lady McCartney would be entitled to anything like half Sir Paul's fortune, estimated at more than £800 million. Assets acquired before a marriage may not be included.

And there may be exceptions where one party - usually the husband - has made a "special contribution" to the family funds.


TOPICS: News/Current Events
KEYWORDS: heather; mccartney; mills; paul; peg; pegleg; pegleggedpirate
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Any wonder marriage is 'out of style.'
1 posted on 07/19/2007 6:22:49 PM PDT by blam
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To: blam
Hey stumpy, take the money and limp.
2 posted on 07/19/2007 6:25:16 PM PDT by 359Henrie ( One more bullet for a Kennedy trifecta)
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To: blam

She is a complete whackjob.


3 posted on 07/19/2007 6:32:11 PM PDT by JRochelle (Vacant Lott needs to be evicted from the Senate.)
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To: blam
Sing along...."will you still need me, will you still feed me, when I'm 64...."

Apparently she answered no on both counts....

4 posted on 07/19/2007 6:32:51 PM PDT by Panzerfaust
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To: 359Henrie

ridiculous........ simply. ego? yes. take the 40 mill us. b*tch.


5 posted on 07/19/2007 6:33:01 PM PDT by Republic Rocker
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To: blam

Pauls gotthe leg up on her.


6 posted on 07/19/2007 6:39:15 PM PDT by spanalot
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To: blam

She loves you, yeah, yeah, yeah...

http://www.youtube.com/watch?v=TyhlP9yBAic

You’re getting long in the tooth, Walrus.


7 posted on 07/19/2007 6:40:33 PM PDT by PGalt
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To: blam

How greedy.


8 posted on 07/19/2007 6:40:47 PM PDT by metmom (Welfare was never meant to be a career choice.)
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To: blam

Can’t Buy Me Love....


9 posted on 07/19/2007 6:41:16 PM PDT by dfwgator (The University of Florida - Still Championship U)
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To: blam

She married him for a purpose. It obviously wasn’t “for better or for worse, till death do us part”. She knows what she’s doing I think.


10 posted on 07/19/2007 6:41:41 PM PDT by mamelukesabre (Those that can do, do. Those that can't do, teach. Those that can't do either, run for office)
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To: blam
I’m never going to get married unless I find someone who has a LOT more money and assets than I do. Too many horror stories of men getting shafted in divorce court. Even pre-nupts don’t always work.
11 posted on 07/19/2007 6:43:40 PM PDT by GBA (God Bless America!)
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To: PGalt

“You’re getting long in the tooth, Walrus.”

If she loses the other leg, and keeps working on that tan...


12 posted on 07/19/2007 6:47:48 PM PDT by whatexit
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To: blam
50 Mil? Ouch!

She hasn't got a leg to stand on, IMO. (Sorry...kinda...) :-0

13 posted on 07/19/2007 6:48:22 PM PDT by Reverend Bob (Read my lips, no more Pawlenty.)
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To: Republic Rocker
Yes, and limp all the way to the bank, and kick some in to that global warming thing.
14 posted on 07/19/2007 6:51:06 PM PDT by 359Henrie ( One more bullet for a Kennedy trifecta)
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To: blam

Hope she gets Squat in the settlement....too bad Linda died so early... Heather is a cute creep.


15 posted on 07/19/2007 7:37:08 PM PDT by tflabo
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To: GBA

I don’t understand why rich older men even bother to marry.


16 posted on 07/19/2007 7:50:39 PM PDT by Poison Pill
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To: blam
Sir Paul McCartney has reportedly offered a divorce settlement worth £20 million to his estranged wife Heather Mills.

Well now we all know WHAT she is. Paul's only negotiating the fee.

17 posted on 07/19/2007 8:01:52 PM PDT by bikerMD (Beware, the light at the end of the tunnel may be a muzzle flash.)
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To: bikerMD

Sure hope it was worth it!


18 posted on 07/19/2007 8:23:25 PM PDT by BenLurkin
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To: blam
Heather is validating the website, Nomarriage.com....which is crass and rude and in Heather’s case, true.
19 posted on 07/19/2007 8:23:40 PM PDT by vetvetdoug
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To: blam

"LONDON - In this undated photo, Miss Mills describes what eventually broke up the marriage."

20 posted on 07/19/2007 8:27:08 PM PDT by Tall_Texan (Global warming? Hell, in Texas, we just call that "summer".)
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