The former Oasis frontman’s bank account has been left hurting after his recent divorce.
Liam Gallagher and his ex-wife Nicole Appleton ran up more than £800,000 in legal bills during their divorce, while arguing over how to divide £11m worth of assets, a judge has said. The judge ruled that the couple’s assets would now be split in half, with Gallagher and Appleton getting nearly £5.5m each.
Liam Gallagher has paid a high price during his divorce form Nicole Appleton.
Judge Martin O’Dwyer said the level of spending on legal costs had been “manifestly excessive”, during a ruling on Friday. When the couple argued over money at a private family court hearing earlier this year, limits were placed on what the public could be told, however O’Dwyer has now ruled that most of the judgment can be reported.
“The level of costs in this case, totalling over £800,000, are manifestly excessive for the determination of the dispute, which involves capital sums not much greater at the end of the day than £10m,” O’Dwyer said.
Taking into into account income, earning capacity, property and other financial resources when deciding how to divide assets, O’Dwyer ruled that they each should get £5.4m. He added that there had been “substantial disputes” about what comprised matrimonial assets and their value.
What had been under dispute was the value of Gallagher’s shareholding in Pretty Green, the value of the former matrimonial home, and Gallagher and Appleton’s earning capacities. The judge also commented that Gallagher’s legal costs were “manifestly excessive” and that he'd been told his solicitors charged higher fees and there was “clearly here a disparity between the costs”.
“I do not see in this case that there is an evidentially established basis in fact to find that the husband’s costs were in some way inappropriately occurred or wantonly expended,” O’Dwyer added. Gallagher and Appleton, who have one child together, had started living together around 15 years ago and married in 2008. They announced their separation in 2013.