Post by pledm on Mar 17, 2008 11:11:20 GMT -5
McCartney divorce costs Beatle $48.7 million
LONDON (Reuters) - A British court ordered former Beatle Paul McCartney on Monday to pay his estranged wife Heather Mills 24.3 million pounds ($48.7 million) after an acrimonious divorce battle.
The settlement was a fifth of the sum that she had sought but she still ended up with the equivalent of $1,400 an hour for her four-year marriage to the pop icon.
Speaking after the judge's ruling, Mills said: "I am so glad it is over. It is an incredible result in the end.
"We are very, very pleased," she added. "I am so, so happy with it." McCartney declined to comment.
McCartney, 65, married the former model and charity campaigner Mills, 40, in 2002 but they separated four years later, blaming media intrusion into their private lives. They have a daughter, Beatrice, aged four.
Mills criticized McCartney's lawyer Fiona Shackleton, accusing her of handling the case badly and of calling her names.
She said Shackleton, who also represented heir-to-the-throne Prince Charles in his divorce from Princess Diana, "has called me many, many names before even meeting me when I was in a wheelchair."
Mills, who sacked her lawyer and represented herself in court, urged would-be divorcees to do the same thing. "You can be a litigating person," she said. "You'd save yourself a fortune."
Justice Hugh Bennett, giving details of the settlement, said: "She sought an award of almost 125 million pounds. Sir Paul proposed the wife should exit the marriage with assets of 15.8 million pounds inclusive of any lump sum award.
"The judgment decided that the husband should pay the wife a lump sum of 16.5 million pounds, which together with her assets of 7.8 million pounds means that she exits her marriage with total assets of 24.3 million pounds."
DAUGHTER
The court ruled that the judgment be made public, but stayed publication pending Mills' appeal against it being made public.
Mills, speaking to a phalanx of reporters on the steps of London's High Court, said she was appealing "because the judgment involves private secure matters of my daughter ... everything about her is in there."
"I really hope now that me and my daughter can have a life and not be followed every single day," said Mills, who has constantly complained of harassment by paparazzi.
Asked if she now planned to move abroad, Mills said: "I can't leave England. I always wanted to keep my daughter near her father. Believe me if I tried to go, he would have an injunction on me in a second."
The split was fought out under a remorseless media spotlight with McCartney, a founder of the world's most famous pop group, pitted against the outspoken Mills, target of lurid tales in the press about her colorful past.
She hit back, saying she was driven to the brink of suicide because the media branded her a "whore" and "gold-digger."
So did she get enough money,for me he should have had the Pre-Nup,way to much money for heather,just take care of the daughter.
LONDON (Reuters) - A British court ordered former Beatle Paul McCartney on Monday to pay his estranged wife Heather Mills 24.3 million pounds ($48.7 million) after an acrimonious divorce battle.
The settlement was a fifth of the sum that she had sought but she still ended up with the equivalent of $1,400 an hour for her four-year marriage to the pop icon.
Speaking after the judge's ruling, Mills said: "I am so glad it is over. It is an incredible result in the end.
"We are very, very pleased," she added. "I am so, so happy with it." McCartney declined to comment.
McCartney, 65, married the former model and charity campaigner Mills, 40, in 2002 but they separated four years later, blaming media intrusion into their private lives. They have a daughter, Beatrice, aged four.
Mills criticized McCartney's lawyer Fiona Shackleton, accusing her of handling the case badly and of calling her names.
She said Shackleton, who also represented heir-to-the-throne Prince Charles in his divorce from Princess Diana, "has called me many, many names before even meeting me when I was in a wheelchair."
Mills, who sacked her lawyer and represented herself in court, urged would-be divorcees to do the same thing. "You can be a litigating person," she said. "You'd save yourself a fortune."
Justice Hugh Bennett, giving details of the settlement, said: "She sought an award of almost 125 million pounds. Sir Paul proposed the wife should exit the marriage with assets of 15.8 million pounds inclusive of any lump sum award.
"The judgment decided that the husband should pay the wife a lump sum of 16.5 million pounds, which together with her assets of 7.8 million pounds means that she exits her marriage with total assets of 24.3 million pounds."
DAUGHTER
The court ruled that the judgment be made public, but stayed publication pending Mills' appeal against it being made public.
Mills, speaking to a phalanx of reporters on the steps of London's High Court, said she was appealing "because the judgment involves private secure matters of my daughter ... everything about her is in there."
"I really hope now that me and my daughter can have a life and not be followed every single day," said Mills, who has constantly complained of harassment by paparazzi.
Asked if she now planned to move abroad, Mills said: "I can't leave England. I always wanted to keep my daughter near her father. Believe me if I tried to go, he would have an injunction on me in a second."
The split was fought out under a remorseless media spotlight with McCartney, a founder of the world's most famous pop group, pitted against the outspoken Mills, target of lurid tales in the press about her colorful past.
She hit back, saying she was driven to the brink of suicide because the media branded her a "whore" and "gold-digger."
So did she get enough money,for me he should have had the Pre-Nup,way to much money for heather,just take care of the daughter.