London Trophy Wives Dropping Bankrupt Hubbies

Naomi Dunne — Sat, 31 May 2008 14:00:00 -0400

The trophy wives are on their way out in London. Thousands of jobs have been lost in the city's financial districts and rumors are flying that dozens more are on the way. The result? A trophy wife exodus.

Sandra Davis of Mishcon de Reya — the law firm formerly known as "Heather Mills' lawyers" — says that since the layoffs have started the number of inquiries about divorce and division of assets has tripled. "When money looks like [it's] flying out the window, love walks out of the door."

Paula Hall from Relate, a relationship counseling service, has a slightly less cynical view. "More financial stress will tend to show the cracks in marriage contracts which were either overtly or covertly financial in the first place."

Another Mishcon de Reya divorce attorney Miles Geffin thinks that the increase isn't just as simple as the trophy wives marching out the door while there are still assets to divide. He thinks that the working partner — in this case, the man — has just as much motivation to divorce under these circumstances as the woman.

"Businessmen who lose their job often see it as an opportunity to head straight off to the divorce court before they find a new job — so alimony payments will be based on their unemployed status."

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London Trophy Wives Dropping Bankrupt Hubbies