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Mills awarded £24.3m settlement | Mills awarded £24.3m settlement |
(10 minutes later) | |
Heather Mills has been awarded £24.3m in her divorce settlement with estranged husband Sir Paul McCartney. | Heather Mills has been awarded £24.3m in her divorce settlement with estranged husband Sir Paul McCartney. |
Speaking outside London's High Court, Ms Mills said she was "glad it's over" and "it was an incredible result to secure mine and my daughter's future". | Speaking outside London's High Court, Ms Mills said she was "glad it's over" and "it was an incredible result to secure mine and my daughter's future". |
As part of the deal, Ms Mills will receive £14 million for herself and £2.5 million to buy a house in London. | As part of the deal, Ms Mills will receive £14 million for herself and £2.5 million to buy a house in London. |
The couple failed to reach an agreement in court last month, leaving the judge to determine the final figure. | The couple failed to reach an agreement in court last month, leaving the judge to determine the final figure. |
Appeal | |
The judge awarded a lump sum of £16.5 million and assets of £7.8 million. | |
The settlement will also see Sir Paul pay their four-year-old daughter Beatrice's nanny and school fees and will pay Beatrice £35,000 a year. | |
The summary judgment stated that Ms Mills had sought £125 million and been offered £15.8 million by Sir Paul. | |
Ms Mills said would be appealing the publication of the ruling on Tuesday morning because of concerns for the security of her daughter. | |
Speaking on the steps of the High Court, she insisted she was "very very happy" with the decision. | |
A spokesman for Sir Paul McCartney said that the former Beatle would not be commenting on the settlement. |