The case of the divorce of Brian Myerson – one of London’s best known asset managers – is a cautionary tale of greed and power if there ever has been one. Lawyers Lindsey Alexander and Joanna Norris from solicitors Howard Kennedy drew some interesting conclusions from the case.

On April Fools day, Mr and Mrs Myerson returned to the Court of Appeal to hear that Mr Myerson had been unsuccessful in persuading three Appeal Judges that just because the value of the shares in his company, Principle Capital Holdings Limited, had lost 90% of their value since the original divorce settlement was negotiated in March 2008, it did not mean that he was entitled to change it.