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Sir Paul judge reserves judgement No agreement in McCartney divorce
(10 minutes later)
Judgement in the High Court divorce hearing of Sir Paul McCartney and Heather Mills has been reserved. Sir Paul McCartney and Heather Mills have failed to reach agreement over a financial settlement in their High Court divorce case.
It has been suggested the financial settlement, to be decided at a later date, could break records. The settlement will be decided at a later date by Mr Justice Bennett after he reserved judgement on the case.
It has been suggested the financial settlement could break records.
Divorce experts have suggested that, based on recent cases, Ms Mills could walk away with £60m of Sir Paul's estimated £825m.Divorce experts have suggested that, based on recent cases, Ms Mills could walk away with £60m of Sir Paul's estimated £825m.
The hearing in the Family Division, which took place in private, ended on Monday after a week. That would make it the biggest settlement of its kind in a British court.
The current record rests with businessman John Charman who was ordered to pay £48m to his ex-wife last year.
But the details of the McCartneys' settlement may never be known to the outside world.
Any financial settlement will not be made public unless the case goes to the Court of Appeal.
Ms Mills, who lost part of a leg in a road accident in 1993, married Sir Paul in June 2002, four years after first wife, Linda, died of breast cancer.
The couple announced the end of their marriage in 2006.