News

Friday 5th January 2018

Financial Remedies Court

 It is hoped that the trial Financial Remedies Courts (FRCs) should lead to greater predictability when resolving financial claims on relationship breakdown, which in turn may make it easier for couples to identify realistic fair proposals for themselves. The first FRCs are being launched in February 2018, one in London, one in the West Midlands and another in South East Wales. It has been suggested that the greatest impact is likely to be outside London, as the Central Family Court already contains within it the specialist Financial Remedies Unit. In the longer term the plan is to move to fully digitised court files and perhaps court bundles – a feature of many US jurisdictions.