Divorce and Family
Why Paul Hollywood was wise to settle his financial proceedings in arbitration
Bake Off judge Paul Hollywood has resolved the financial arrangements in his £10m divorce from ex-wife Alexandra in arbitration, according to reports in the press last month. Arbitration is not confined just to celebrities. It has several advantages compared to going to court, including speed, confidentiality, lower legal costs and the trauma of having to attend court. This can be frightening for some people, anxious and stressful about what to expect in court and the potential hostility of coming face to face with their husband or wife.