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No agreement in McCartney divorce No agreement in McCartney divorce
(40 minutes later)
Sir Paul McCartney and Heather Mills have failed to reach agreement over a financial settlement in their High Court divorce case.Sir Paul McCartney and Heather Mills have failed to reach agreement over a financial settlement in their High Court divorce case.
The settlement will be decided at a later date by Mr Justice Bennett after he reserved judgement on the case.The settlement will be decided at a later date by Mr Justice Bennett after he reserved judgement on the case.
It has been suggested the financial settlement could break records.It has been suggested the financial settlement could break records.
Divorce experts have suggested that, based on recent cases, Ms Mills could walk away with £60m of Sir Paul's estimated £825m.Divorce experts have suggested that, based on recent cases, Ms Mills could walk away with £60m of Sir Paul's estimated £825m.
That would make it the biggest settlement of its kind in a British court.That would make it the biggest settlement of its kind in a British court.
The current record rests with businessman John Charman who was ordered to pay £48m to his ex-wife last year.The current record rests with businessman John Charman who was ordered to pay £48m to his ex-wife last year.
But the details of the McCartneys' settlement may never be known to the outside world. Brits prize
Mr Justice Bennett's judgement, due in the next few weeks, will be binding on both parties and may never be known to the outside world.
Any financial settlement will not be made public unless the case goes to the Court of Appeal.Any financial settlement will not be made public unless the case goes to the Court of Appeal.
Ms Mills, who lost part of a leg in a road accident in 1993, married Sir Paul in June 2002, four years after first wife, Linda, died of breast cancer. But his judgement could be challenged there if either side is unhappy.
The couple announced the end of their marriage in 2006. Under those circumstances, the case - which has so far remained behind closed doors - would become public, with all arguments in the public domain.
Ms Mills, 40, who lost part of a leg in a road accident in 1993, married Sir Paul in June 2002, four years after the death of his first wife Linda from breast cancer.
The couple, who have a four-year-old daughter Beatrice together, announced the end of their marriage in 2006.
Ms Mills, who has been representing herself throughout the hearing, smiled at waiting reporters as she left court.
Sir Paul, 65 - thought to be rehearsing for Wednesday night's Brit Awards where he will receive a special prize for outstanding contribution to music - was not in court on Monday.