Sir Frederick Barclay could be jailed if he is found in contempt of court today for failing to pay £100million he owes his ex-wife following a divorce dispute.
- The tycoon was ordered to hand over £100m after their 34-year marriage ended
- Lady Hiroko Barclay called for her ex-husband to be jailed for contempt
- She claims Sir Frederick has breached earlier court orders to not pay her
A judge will today decide whether businessman Sir Frederick Barclay is in contempt of court after failing to pay his ex-wife and has been asked to consider jailing her.
Sir Jonathan Cohen is to oversee the final stage of the dispute between Sir Frederick, 87, and Lady Hiroko Barkley at a hearing in the High Court’s Family Division. London today.
Lady Barkley says Sir Frederick breached a money order following the break-up of their 34-year marriage.
He accused him of contempt of court and asked Sir Jonathan to consider jailing him.
Sir Jonathan previously ruled that Sir Frederick must pay Lady Barclay a total of £100m following the breakdown of their marriage.
British tycoon Sir Frederick Barclay, 87, was considering seeking legal help in his £100million divorce battle against his 34-year-old ex-wife.
Lady Hiroko Barkley claims Sir Frederick has breached the order and accused him of contempt of court and asked the judge to consider a prison sentence.
Lawyers representing Sir Frederick have indicated he will defend.
Sir Frederick and his twin brother, Sir David, were among Britain’s most prominent businessmen.
Sir David died in January last year at the age of 86.
Their business interests included the Telegraph Media Group and The Ritz Hotel in London.
Sir Frederick and his twin brother, Sir David, were among Britain’s most prominent businessmen. Sir David (left) died in January last year aged 86
The barrister leading Lady Barkley’s legal team told a judge on Thursday that the money had not been paid as sources said she had already run up legal bills in excess of £300,000.
The family also has links to the Channel Islands and Monaco.
Sir Jonathan criticized Sir Frederick in an earlier ruling on the money fight, saying he had behaved “reprehensibly”.
The judge said the businessman had sold a luxury yacht and “applied the stock to his own use” in breach of the orders.
She said Lady Barclay wanted £120 million and Sir Frederick had made an offer that could see her get nothing.
At a previous court hearing, Sir Frederick discussed whether to apply for legal aid for his divorce.
Sir Jonathan, who has examined the evidence relating to Sir Frederick’s mental capacity, must make a decision today.
It was claimed in court earlier this year that the billionaire tycoon had been “evicted” from his home and his family had to cover his legal costs.
The court was also told that Sir Frederick had also “significantly failed to pay legal fees”.
Sir Frederick Barkley could face contempt of court TODAY over divorce battle
SourceSir Frederick Barkley could face contempt of court TODAY over divorce battle