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She did it for Macca — now she can do it for Madonna. Fiona Shackleton, the divorce lawyer who ensured that Sir Paul McCartney retained all but £24.3 million of his £825 million fortune, has been lined up by the 49-year-old pop star.
Madonna, whose fortune is estimated at £300 million, is understood to be seeking legal advice on a possible divorce from her husband of seven years, the film director Guy Ritchie.
Ms Shackleton, 52, is the lawyer of choice for the rich and famous after what was regarded as the spectacularly well-handled split of Sir Paul from Heather Mills, who was pushing at one point for as much as £80 million.
Dubbed the “steel magnolia” for her tough but pragmatic negotiation tactics, Ms Shackleton instructed the top divorce silk, Nicholas Mostyn, QC. This so-called legal dream team secured such a successful result that Ms Mills, in fury and frustration, emptied a jug of water over Ms Shackleton’s head after hearing the judge’s ruling.
Madonna’s spokesman refused to comment today on claims that the singer has instructed the lawyer who came to prominence when she acted for the Prince of Wales in his divorce with the late Diana, Princess of Wales.
Ms Shackleton, of the London law firm Payne Hicks Beach, once said: “I like sticking up for people. It helps to have a rod of steel through your back and lots of charm, People generally choose the lawyers they deserve.”
The word in legal circles today was that the Madonna and Guy Ritchie had previously used another leading City law firm, Withers, on either a tax or property matter. Although Withers has a similarly high reputation for “big money” matrimonial cases, it was unable to act for Madonna in any potential separation because of its previous involvement with the couple.
The case was passed to Ms Shackleton. Withers declined to comment today.
Ritchie is thought to have had dealings with a lesser-known Mayfair law firm, Forsters, but which nonetheless has a good reputation in matrimonial law.
Today Ann Northover, partner in the divorce and family partner, would not confirm or deny the firm’s involvement with Mr Ritchie. She said: “I can only say I have no involvement at the moment.”
Forsters has more than 100 lawyers and is best known for its leading commercial and residential property practice.
There has been speculation for some time over the marriage of Madonna, 49, and Ritchie, 39, and it is believed that the pop star met Ms Shackleton in April for a preliminary meeting.
It is thought that the couple did not have a pre-nuptial agreement, which means that the starting point for any settlement would be a split of 50-50. Avariety of factors such as the length of the marriage and the wealth brought to the marriage by Madonna, in particular, would then be taken into account.
James Stewart, a family partner with the leading London firm Manches, said: “These big money divorces are either terribly straightforward, because there is enough money to give those involved a fair share — more so than where there is not much money —or they go to court, because one side is either mean or greedy.”
Ann Northover, of Forsters, said: “There is still great uncertainty in these very big money cases as to how they are to be decided. We have had very helpful guidance in the case of Charman [the biggest divorce award made by the courts in legal history] which reaffirmed equality in the division of assets.
“But this is subject to departure, depending on factors such as the length of a marriage, how the matrimonial assets were created; the special or stellar contribution that either one of the couple, such as Madonna, may have made before the marriage.”
Without a pre-nuptial agreement, Ritchie could be looking at as much as £50 million of Madonna’s £300 million fortune. Lately the star has been seen out without her wedding ring, fuelling talk of a rift.
Madonna and the concert promoter Live Nation Inc have announced a deal that will give the company an all-encompassing stake in the music of the Material Girl, the latest big-name artist to break ranks with a leading record label. Financial terms were not disclosed in the joint statement released by Madonna and Live Nation. The deal is worth about $120 million (£60 million) over ten years
Big sales around the world for Madonna's upcoming Sticky & Sweet tour have been overshadowed in music industry circles by chatter about the large number of tickets still available for a key stop in Los Angeles in November and softer-than-expected sales of her latest album Hard Candy.
The tour so far has grossed more than $74 million in sales for 13 dates in Europe and piled up a string of sellouts at arenas across North America, according to Live Nation.
Arthur Fogel, chairman of global music and CEO of the global touring division at Live Nation, projects that the tour will gross more than $250 million in ticket sales — surpassing her record-breaking Confessions on a Dance Floor tour two years ago, which pulled in $195 million worldwide.
If any divorce between Madonna and Ritchie goes to court, it could provide another chance for guidelines in “big money” cases which lawyers say are needed. The Law Commission said recently that it would not be reviewing the law on the division of assets on divorce — much to the dismay of lawyers.
Mark Harper, a partner at Withers, said that the omission had caused “dismay amongst the family judges and lawyers”.
“The Court of Appeal in Charman called for fundamental review and reform of the law which the Government has ignored to save money; all that will happen is that the wealthy will continue to litigate the uncertainties of the case law which will continue to clog the courts. “
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I like them both but what makes me laugh is the way we all have our opinion. We dont know these people we only learn by what we read. If we didnt buy the magazines and watch the TV we wouldnt know who they are so you know what who cares?!!!
Bex, Hampshire, England
hopefully it will bring them to jesus........
linda, austin, usa
Not like either of them are raising the kids anyways. They will still have their pack of nannies and entertainment coordinators.
I agree with others. Please keep Madonna. We'll send you britney as well for no extra charge.
Kash, Austin, US
To Sam in Enfield: How about we talk about the growing tendency amongst the British to pollute our beautiful language through inadequate punctuation and spelling mistakes?
Sarah, London,
Madonna was always way out of her intellectual and artistic league when she hitched her MOR wagon to Guy's cinematic vision. He is a true auteur of the visual arts...she is the lightweight here both in terms of creativity and business sense and was struggling to keep her side up.
Jamie
Jamie, London,
Whatever the outcome, please allow this insufferable woman to remain in the UK. I am now 52, and have been exposed to this talentless woman since I was in my 20s. I truly wish she would go away.
Mary, Toronto, Canada
maybe he can go back to making decent movies again now.
matt, boston, USA
Of course, if Ritchie was any kind of a man, he'd not want to go after her fortune - it's not like he'll be out on the street without her money.
Alex, London,
Snore. I am so sick of Madonna I could just about die. She needs to just go away. I hope that she likes her English accent and mansion so much that she stays there.
Laura, Michigan, USA
Maybe Madge wasn't worried that she would only end up with $150M. Isn't that quite enough to continue a life of luxury? How much money does a person need anyway?
Amy, Murrieta, USA
Yes hanging on through the summer so we can see them celebrate her 50th and his 40th would be such a relief. I could actually go on with my daily routine and not obsess about whether the lavish affairs will eventually take place. (insert finger into throat and barf violently).
Joebarn, New York, USA
Oh wow - another celebrity divorce. They are about as common as rehab stints out here.
Bill Brandt, Sacramento, USA
the world today no one wants to take the time to work through things they all want that quick fix. there are children involved here and they owe it to them to try and work ti out. no matter if it is Mondonna and Guy or our own Mom and DAd. People WAKE UP this effects the future of their lives.
Lorie, Oxford, usa
Why on earth is this info in the public domain anyway? Oh yes...Madonna's PR people put it there. When are the newspapers and other media going to tell these people to keep their manouevrings and self-serving to themselves.
Roy, WSM,
This is terribly sad, if it's true. I really hoped that it would last and they could be happy despite the fame/celebrity thing. Hopefully they will manage to be civil to each other for the sake of the children and not drag it out through court - I think both of them have too much dignity for that.
Heather, Dorchester, UK
Once again the children are the ones to suffer, adopt a child who had a father to give him another then say oh well i'm unhappy now and so much for the family thing, its never about the children just about where the so called adults can get there jollys! keep your clothes on madonna and be a mom.
ROBIN , carthage, usa
Divorce is always sad, but Madonna rocks, as always!
Eric Moore, New York , USA
Weather the divorce goes ahead or not clearly there is no family life for the children adopted by Madonna and their future without a Father around will be bleak to say the least. This will be a particular upset to the young lad adopted my Madonna from Malawi, who had a biological Father there.
Brian Douglas, iasi, Romania
Sauer,
So true, I hope this divorce takes the curse off of Ritchie's career. Someone described Jason Statham's recent "The Bank Job" as 'the kind of movie Guy Ritchie would make if he were still alive.'
He seems like a good guy, I hope he can get back in the saddle.
Callahan, Atlanta, USA
Really sad if this is true. I thought they had the real thing.....
YR, Cambs, UK
How long do you give it before she hooks up with Justin? Move over, Demi.
Linda Finn, Moorestown, NJ, USA
the reason women get 50% in marriages where they "did not do as much"- is because they are working at home- yes working, raising children and cleaning and cooking and everything else involved in taking care of a husband and family. stay at home moms are working moms- this is unpaid labor.
Krista, Oakland, USA
Fantastic. I was starting to worry that we had run out of fluff and would have to focus on real issues again. I can't wait until she moves back to Malibu. There's some land next to Cher's dump along the PCH.
PC, Los Angeles, USA
no prenup take half nobody needs 300 mil #s anyhoo
goatlike, phoenix, usa
The media at the time of their wedding reported that a prenup was signed. Some of the details that were revealed were that Guy would pay maintenance to Madonna for their son Rocco should they divorce but he would not contribute to her duaghter Lourdes (from a previous relationship).
Roz, London, UK
Not surprised one bit. I have never seen a photo of Guy and Madonna together in which he looked genuinely happy.
Em, Seattle, USA
that seems to be an awful lot of americans that don't seem to believe in equality posting here. what's good for the goose is good for the gander we say in UK. Besides, let's hope it's all tripe and they keep it on ( and cool)
demos, aylesbury,
I wonder what fad this minor artiste will go onto next.
Kevin Straw, Leicester,
since when did getting divorced affect your ability to be a good parent? Comments regarding Madonna's adoption are inappropriate. Divorce is preferable to bringing up children in an unhappy marriage. She is about to go through a painful process, in public. Give her a break.
Ali, london, uk
It's a publicity stunt for their world tour and new movie ... any news is better than no news and boring marrieds = boring box office returns. Bad publicity is better than no publicity in the entertainment business.
Felicity, Oxford,
I get really irriatated by the number of US citizens posting irrelevant comments on this website. Don't you have your own sites to clog up?
In any event, the fact there is no pre-nup does not make Madonna have any less commercial savy; prenups are not enforceable in the Uk.
Andy, London, uk
It musta' been love with no prenup....LOL
Kelly, LaPorte, USA
Interesting. Sean Penn and his wife divorced and now Madonna and her husband. Hmm... wonder if there is any connection.
JH, Los Angeles, USA
i CANNOT imagine that an intelligent woman like Madonna would not have had a prenup agreement in place? its so out of character!
yoland, johannesburg, south africa
oh, great....pick on Madonna and Guy Ritchie! I hope they work it out, whatever it is. What do ya think of that?!
Cece, Los Angeles, CA
cece, Los Angeles, USA
Does anybody really know what time it is? Does anybody really care?????
Nancy, Toledo, USA
Madonna? Kind of sweet?
Kate, New York, USA
Why does the media always try to make stars out of the solicitors for the rich and famous in divorces.? Ultimately ,it's in Court where the battles are won and lost.--by the barristers ,not the solicitors. Read the McCartney judgment: who destroyed Heather's credibilty?
Martin Dumbill, Tauranga, New Zealand
People are generally tired of Madonna here in the USA. We seen her over and over, heard all the songs many times. Her new stuff isn't as good as the songs of the past so why pay big dollars to see her?
David, Los Angeles, United States
I agree with other posters. Having been married before, I'd say tough it out and do the kids a big favor that will prove to have positive lifetime implications for them all.---That is, if both Guy and Madonna put the other before himself/herself.
"Do unto others..."
Kate, Oregon, USA
I truely am sorry for the couple. I pray that they can work it out.
Was this caused by the "Cookie Diet"?!
Linda Hoyt, Bungendore, AU
I remember when they got married it was rumored there was no prenup, which surprised me then. Madonna is nothing if not a smart business woman. I thought the 50/50 split was on assets made after they got married. Hopefully, Guy ia man enough not to look for a handout & realize he can still work.
Dan, Chicago, USA
I hope that Madonna and Guy can work out their marrital problems and stay married. Having experienced divorce, it is painful for all the parties involved and there are no winners, only degrees of losing. I would advice them to exhaust every means possible to work towards reconciliation.
Barbara , Cleveland, USA
this is true? how you guys know that madonna will really get divorce?
claudia, lisbon, portugal
Surely they can remain married, yet lead individual lives. Divorce is messy, draining and just plain sad. Unless there is abuse...just tough it out. Redefine the marriage. Push off the inevitable until after the kids grow up.
Steph, Trumbull, Connecticut, USA
There is simply no way on EARTH that Guy 'deserves' 50% of Madonna's hard earned cash. She managed to sever ties with Sean Penn and Carlos Leon (Lola's dad) without it costing her the earth, so there's no reason to assume that Guy will be able to get his sticky paws on the Madonna millions.
Edward, London, UK
Does this mean we can stop calling her "Madge?"
Lisa, Elk Grove, CA , USA
I am DUMBFOUNDED my Gal Madonna didn't have a
PRE-NUP!!!! YIKES!
Matt, Minneapolis, USA
Will she be returning the adopted children now too??
After all, she promised them a real family.
Catherine Mills., London, UK
Whats going to happen to all the "Pet" kids?
John Anderson, coal Valley, usa
Sad - I was hoping it would work for her. She looks terrific and has a tireless work ethic. She was foolish not to have a pre-nup, but it's also kind of sweet and genuine to enter into a marriage without any look towards an exit...
Jay, New York, USA
I work for Madonna and I can say this is untrue. They're just busy with projects that involve them having to be in different countries for the time being. They don't believe that a ring symbolizes their marriage that's why they don't wear them.
Donna, Los Angeles, USA
Poor Guy Ritchie... Since he married Madonna he could'nt do a single decent movie... I guess he wanted the divorce after the Swept Away fiasco...
Carlos, Mexico City, Mexico
Can't you, Madonna and Guy, go to a marriage counselor and try to work it out. Divorce is HORRIBLE ON THE KIDS....
Judith, Orange, CA, United States of America
What, a hollywood couple NOT blissfully happy? Getting a divorce? Shocking - that never happens. I'm speechless. Thank god I can type.
debbers, Brentwood, TN, USA
If Madonna has £300 million, £50 million for Guy would be nothing for her! She's making money as the clock ticks by, and Guy, I'm sure, would surely not want to look so ridiculous by going for half of her money - he's far too butch for that!
trish, london, uk
I'm Sick and tried of the guy paying 50% or more of what he has accommulated to a wife/girlfriend that didn't make as much or chose not to. I have seen two instances where the wife got between 70-75% percent of the couples wealth and had to pay child support & legal on top of that. He was left POOR
Bill, Waco Texas, US
Who says Guy is after her money?
He has made at least one good film in his career.
There should be enough for everyone without the usual bun fight.
Andrew, London,
The Good News is that Cyndi Lauper released her new album: Bring Ya To The Brink~ This is the return of the great talented Cyndi Lauper, the album is absolutely amazing! If you are looking for a great Dance Album: Cyndi will bring ya to the brink!!
Brenda, San Diego, USA
Johnny K ............ I love you! Those were my sentiments exactly!!
Jennie, Cincinnati, USA
The 50/50 split is not automatic. I got a pittance and my ex got virtually everything, including the house I bought. If I had wanted a 50/50 split, I would have had to fight for it in court.
I'm not an ex-husband, I'm an ex-wife who was pushed into a "settlement" and felt too guilty to decline.
M.R., Stockport,
What a surprise! Is Guy Ritchie going to get 50% of his talent in the settlement?
Sam, Doylestown, PA,
Why in the world should Guy Ritchie be entitled to 50% of Madonna's assets? The majority of her money was earned way before she met him. The notion that someone should be entitled to half of what a spouse owns because of marriage is absurd.
Mark, Louisville, United States
This certainly calls into question the adoptions perpetrated by Madonna.
Richard L.A. Schaefer, Dubuque,Iowa, USA
The big question is: Will she get to retain custody of her phony English accent?
Johnny K, Flint, USA
To Malcolm, London, UK
You are so wrong. The 50/50 split applies regardless- I know, as that was the starting point in my divorce. As my father said to me, "well love, women fought for equality for so long, and now, I'm afraid, you've got it."
A Gordon, Manchester,
Madonna is one of the smartest businesswomen in the world. Even if she did not have a pre-nup per se, her assets most likely are well protected. But I hope they can hang on through the summer and celebrate her 50th, his 40th as planned.
Brenda, New York, USA
If her family life is in shambles why is she adopting children?
Vicki, Detroit, USA
Evidently the biggest bone of contention is over who gets to keep the English accent
Chris, Atlanta, USA
Madonna's recent plastic surgery or whatever she did was a mistake. She doesn't look younger, just different and fake.
marls, Nutley, USA
The 50/50 split only seems to apply when the man is the richer party. There is no way on earth that Guy Richie is going to get 50% of Madonna's money.
Malcolm , London, UK
Rich people who don't have prenups are foolish and get exactly what they deserve. She should have known better.
NRD, Atlanta, USA
aint there anything more important to talk about. The times is know for being a quality paper please keep it this way
sam, enfield, uk
Thank God! Maybe Guy Ritchie will start making good movies again now.
Sauer, Boulder, USA