The Privy Council has made legal history by ruling that post-nuptial agreements are legally binding as long as they meet certain criteria. The case before them, MacLeod v MacLeod, was a fiercely contested divorce case between a multi-millionaire property tycoon and his wife, whom he met when she was a student. The couple, who lived on the Isle of Man, had signed a pre-nuptial agreement on their wedding day in 1994 which they then amended twice after they were married.
In the landmark decision the Law Lords upheld the later agreements thereby changing the law to make post-nuptial agreements valid and enforceable. |