Go figure. JPMorgan Chase equity analyst Peter Lawrence won a U.K. appeal cutting to 1.37 million pounds ($2.18 million) a divorce payout to his ex-civil partner, former “Priscilla Queen of the Desert” star Donald Gallagher.
Lawrence must give Gallagher 33 percent of their assets rather than the 42 percent share awarded by a lower court, a three-judge panel at the Court of Appeal in London ruled yesterday.
Under the decision, the banker will keep the London apartment he purchased before the 11-year relationship began, even though the property “soared” in value from 650,000 pounds in 1997, when the couple moved in together, to 2.4 million pounds. Gallagher got the couple’s second home, valued at nearly 900,000 pounds….
More? Check out http://www.bloomberg.com/news/2012-03-29/jpmorgan-banker-gay-divorce-from-stage-star-sets-u-k-precedent.html
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