Hotel owner loses bid to cut wifes divorce payout

Multimillionaire hotel owner Andrew Davies has lost his bid to reduce the £2.7million divorce settlement awarded to his ex-wife.

Mr and Mrs Davies had created a successful hotel business, but Mr Davies had tried to argue that his wife had simply carried out an employee role at the £6million Cardiff Hotel, and did not deserve a significant portion of the marital assets. The Court had disagreed with argument and Mrs Davies was deemed to have made an "exceptional" contribution to the success of the business, and was therefore entitled to a third of the assets despite their marriage only lasting four years.

The hotel had been inherited by Mr Davies and his two sisters from their parents, but Mr Davies bought out their shares in order to have sole ownership. He and his wife lived in the hotel while they built it up and Mrs Davies described how she worked there 17 hours a day, and made significant contributions to the website design and advertising. The High Court judge accepted her version of events over the 'employee role' depicted by Mr Davies, and she was awarded a £2.2million lump sum pay out as well as the family home, valued at £550,000.

At the Court of Appeal Lord Justice Thorpe upheld the High Court decision, saying he could see no reason to interfere with Judge Martin O'Dwyer's decision, and that any lesser award to Mrs Davies would be "plainly unfair".

If you require legal advice from a divorce solicitor in Northern Ireland, contact Wilson Nesbitt in Belfast or Bangor by calling 0800 840 1363.