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Judge urges end to divorce cash fight.

A HIGH Court judge has urged a multimillionaire businessman who owns a "chunk" of Laura Ashley and his estranged wife to try resolve a divorce battle which has already resulted in them running up legal bills approaching PS2.5 million.

Mr Justice Bodey called on Khoo Kay Peng, who is in his 70s, and Pauline Chai, who is in her 60s, to find a solution without doing more damage to themselves.

He was speaking at the latest in a series of hearings in the Family Division of the High Court in London.

Judges have heard Dr Khoo and Mrs Chai, a former beauty queen, have five grown-up children and were married for more than 40 years.

They have been told that one issue in the case is how big a payment Dr Khoo will make to Mrs Chai for the part she played in their 42-year "matrimonial partnership".

Mrs Chai says her husband is worth more than PS400 million and the amount she should get should run into hundreds of millions.

They disagree over where Dr Khoo, who is based in Malaysia, says litigation should take place in Malaysia. Mrs Chai, who lives in England, says it should take place in England.

And Mr Justice Bodey said: "I urge the parties to use their best endeavours with the help of their legal teams to resolve these extremely expensive proceedings without doing more damage to themselves."

Earlier this year, another judge described the amounts spent on preliminary legal "skirmishes" as "eye-watering".

Mr Justice Holman said on any "feasible" view, Mrs Chai would get tens of millions of pounds.
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Title Annotation:Features
Publication:Daily Post (Conwy, Wales)
Geographic Code:4EUUK
Date:Jul 9, 2014
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