Selected Client Highlights of the Year We have been advising offshore trustees in what has been described recently in a national newspaper as "the world's most expensive divorce". One spouse is challenging the validity of transfers into a trust and also questioning whether they should be valued at the date of transfer, or based on the current value. Combining complex issues of jurisdiction, domicile, property rights, restrictions on transfers and values, interim measures have been sought in numerous jurisdictions (including Singapore and BVI) to freeze the trust assets. Our contentious trusts experts have been guiding trustees through this complex international dispute.The world's highest value divorce"Farrers are distinctly first rate in bringing complex, financial family disputes to positive resolutions in a civilised and sensible way."David Greene Martin Greene Ravden24Farrer & Co | 2010 ReviewFarrer & Co | 2010 Review25

Selected Client Highlights of the Year Duchy Originals tie up with WaitroseWe advised long-time client, Duchy Originals Limited, on its widely-publicised strategic partnership with Waitrose, announced by The Prince of Wales in September 2009.The master trade mark licence agreement meant that Waitrose will increase their range of Duchy Originals products significantly. This guaranteed a significant royalty stream to Duchy Originals Limited, whose net profits are gift-aided to charitable causes, guaranteeing the business's future. "The Waitrose deal was a critical turning point in the history of Duchy Originals and the Farrers team were very supportive and proactive in their help, despite the very detailed and intensive negotiations." Leslie Ferrar Treasurer to TRH The Prince of Wales and The Duchess of Cornwall"We chose the team at Farrer & Co for their existing experience of property developments of this type and the fact that they could provide the full range of advice we needed to guide us through the process. Their combination of technical expertise and practical experience have ensured we could progress the project as quickly as possible, but avoiding any potential pitfalls as we go too."James Koe Partner, Red Tree LLPWe have been advising one of our entrepreneurial clients, Red Tree LLP, on a major property development partnership creating an urban extension - the town of Sherford near Plymouth. Red Tree's unique town-wide planning process will create a new town that has a careful balance between housing, amenities, work space and green space. It is planned to be energy-efficient, socially inclusive, economically sustainable and sensitive to the environment.We were well placed to provide the complete range of advice that a development of this sort requires and have worked closely with Red Tree on the financial elements of the partnership including loan arrangements, funding and the members' agreement as well as advising on a range of property matters.Entrepreneur behind new market town 26Farrer & Co | 2010 ReviewFarrer & Co | 2010 Review27