'Buy to Let King' Appeals against Divorce Payout
Byline: RASHID RAZAQ
A MILLIONAIRE property magnate is appealing against his divorce settlement because of the recession, the second such case in less than a week.
Jim Moore, dubbed the "buy to let king", is going to court to renegotiate the [pounds sterling]4.7 million he is due to pay his former wife Kim because he says his fortune has dwindled to [pounds sterling]3 million.
The Standard revealed City investor Brian Myerson's attempt last week to get his [pounds sterling]11 million divorce payout reduced because of the credit crunch.
Mr Moore was worth an estimated [pounds sterling]135 million at the time of his divorce in 2006. He made his …
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Publication information: Article title: 'Buy to Let King' Appeals against Divorce Payout. Contributors: Not available. Newspaper title: The Evening Standard (London, England). Publication date: March 16, 2009. Page number: 13. © Not available. COPYRIGHT 2009 Gale Group.
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