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Mills awarded £24.3m settlement | Mills awarded £24.3m settlement |
(about 1 hour 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 £2.5m to buy a house in London. | As part of the deal, Ms Mills will receive £14 million for herself and £2.5m 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 | Appeal |
DIVORCE SETTLEMENT £16.5m lump sum, including £2.5m to buy London property £7.8m assets£35,000 a year for daughter Beatrice - plus nanny and school fees | |
The settlement will also see the former Beatle pay their four-year-old daughter Beatrice's nanny and school fees and will pay Beatrice £35,000 a year. | |
The judge awarded a lump sum of £16.5m and assets of £7.8m. | |
The summary judgment stated that Ms Mills had sought £125m and been offered £15.8m by Sir Paul. | |
The judge ruled that Sir Paul was worth £400m, whereas Ms Mills claimed the singer was worth some £800m. | |
READ THE JUDGEMENT SUMMARY Summary of the judgement in the Mills-McCartney divorce case (18k) Most computers will open PDF documents automatically, but you may need to download Adobe Acrobat Reader. Download the reader here | |
Speaking on the steps of the High Court - surrounded by a media scrum - Ms Mills insisted she was "very, very happy" with the decision. | |
But she said she would be appealing against the publication of the ruling on Tuesday morning because of concerns for the security of her daughter. | But she said she would be appealing against the publication of the ruling on Tuesday morning because of concerns for the security of her daughter. |
Heather Mills' commentsMills and the media circus class="" href="/1/hi/in_pictures/7301552.stm">In pictures: McCartney case | |
"I'm not appealing against the judgment because it's not worth it," she said. | "I'm not appealing against the judgment because it's not worth it," she said. |
"I'm appealing against the publication of it because it has so many details of me and my daughter in it. It has a stay on it until the appeal tomorrow." | "I'm appealing against the publication of it because it has so many details of me and my daughter in it. It has a stay on it until the appeal tomorrow." |
'Save a fortune' | 'Save a fortune' |
The judge found that the total value of all Sir Paul's assets, including his business assets, was about £400 million and that there was no evidence at all before him that he was worth £800 million. | The judge found that the total value of all Sir Paul's assets, including his business assets, was about £400 million and that there was no evidence at all before him that he was worth £800 million. |
The judge also refused to permit either party to raise as an issue the alleged conduct of the other on the broad ground that it was irrelevant. | The judge also refused to permit either party to raise as an issue the alleged conduct of the other on the broad ground that it was irrelevant. |
Ms Mills, who sacked her lawyer and represented herself in court, urged would-be divorcees to do the same thing. | Ms Mills, who sacked her lawyer and represented herself in court, urged would-be divorcees to do the same thing. |
CELEBRITY DIVORCE DEALS Basketball star Michael Jordan: paid an estimated $168m (£84m) to his wife of nearly 18 years when they divorced in November 2007 Neil Diamond: gave an estimated $150m (£75m) to Marcia Murphey, whom he divorced in 1996Steven Spielberg: first wife Amy Irving was awarded an estimated $100m (£50m) in 1989Harrison Ford: paid an estimated $85m (£42.5m) to his second wife, Melissa Mathison | CELEBRITY DIVORCE DEALS Basketball star Michael Jordan: paid an estimated $168m (£84m) to his wife of nearly 18 years when they divorced in November 2007 Neil Diamond: gave an estimated $150m (£75m) to Marcia Murphey, whom he divorced in 1996Steven Spielberg: first wife Amy Irving was awarded an estimated $100m (£50m) in 1989Harrison Ford: paid an estimated $85m (£42.5m) to his second wife, Melissa Mathison |
"You can be a litigant in person. It's not easy, but just make sure you do all your research, save yourself a fortune," she said. | "You can be a litigant in person. It's not easy, but just make sure you do all your research, save yourself a fortune," she said. |
Ms Mills made reference to the £35,000 a year their daughter would receive. | Ms Mills made reference to the £35,000 a year their daughter would receive. |
"Beatrice only gets £35,000 a year - so obviously she's meant to travel B class while her father travels A class, but obviously I will pay for that." | "Beatrice only gets £35,000 a year - so obviously she's meant to travel B class while her father travels A class, but obviously I will pay for that." |
The settlement equated to £17,000 ($34,000) for every day of the couple's marriage. | |
There was speculation why Sir Paul McCartney's lawyer Fiona Shackleton left the court with her hair looking wet. | |
Sir Paul will pay daughter Beatrice £35,000 a year | |
The BBC called Heather Mills who said Ms Shackleton had been "baptised in court", but did not say whether she had thrown water at the lawyer. | |
A spokesman for Sir Paul McCartney said he would not be commenting on the settlement. | |
Sir Paul, 65, married the former model and charity campaigner Mills, 40, in 2002 but they split four years later, blaming media intrusion into their private lives. | Sir Paul, 65, married the former model and charity campaigner Mills, 40, in 2002 but they split four years later, blaming media intrusion into their private lives. |