Sir Frederick Barclay, who along with his twin brother was once one of the UK’s richest men, is relying on his nephews to fund his divorce battle after being evicted from his luxury flat, a court has heard.
A high court hearing on Thursday heard that Barclay, 87, has not paid any of the £100m divorce order made almost a year ago and has halved the monthly allowance to his wife of 34 years, Lady Hiroko Barclay.
The owner of the Telegraph media group as well as a number of other businesses now faces the prospect of a prison sentence, or a hefty fine, if found guilty of contempt of court for failing to pay a lump sum of £50m due last August. The full sum of £100m is due this May, making the award one of the UK’s biggest court cases.
His 79-year-old wife also faces legal debts of £500,000 after Barclay defaulted on paying her legal fees, the court was told.
Barclay’s lawyer, Charles Howard QC, told the court that Barclay’s daughter Amanda was no longer paying her father’s legal costs, which were now being funded by his nephews by way of a loan.
Until last summer, Barclay was in a separate legal dispute with his twin brother’s sons, Aidan, Howard and Alistair, over claims that they bugged his private conversations with his daughter while trying to sell the Ritz hotel, which they sold last year.
The family members settled after the sudden death of Sir Frederick’s twin brother, Sir David Barclay, in January 2021, but the court case is estimated to have cost millions of pounds.
After a court hearing which was largely in person, with only Barclay attending via video link, Mr Justice Jonathan Cohen adjourned the case to obtain further evidence as to Sir Frederick’s mental capacity to conduct proceedings.
A monthly allowance to Lady
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