A judge has heard that Sir Frederick has yet to pay Lady Barclay £100 million he owes following the end of a 34-year marriage.
Retired businessman Sir Frederick Barclay has been ordered to keep his ex-wife up to date on what efforts are being made to raise money he owes her.
Sir Jonathan Cohen said 88-year-old Sir Frederick, who had been one of Britain’s “most successful businessmen”, owed Lady Barclay, who is also in her 80s, £100 million.The judge had aired his thoughts after the latest in a series of hearings in the Family Division of the High Court in London. In May 2021, Sir Jonathan ordered Sir Frederick to hand Lady Barclay £100 million after the breakdown of their 34-year marriage.Lady Barclay had argued that Sir Frederick was in contempt because he had breached court orders to pay her the £100 million.
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