Cheating husband loses two homes, €18k a month, and half of pension

The wife of a repeated adulterer has been awarded the €1.6m family home, a €1.7m holiday home, €18,000 monthly maintenance, and half of his €1.8m pension scheme as part of the judicial separation.

The High Court ruled the mother of four was entitled to a decree of judicial separation because she cannot be reasonably expected to remain with her “extremely dynamic” businessman husband after his admission of repeated and continuing adultery.

The husband, who Mr Justice David Keane noted had average annual earnings of €1.4m for the last five years, can retain his new home, plus other assets, including ownership or control of companies valued at €7.4m; various bank accounts; a share portfolio; and various investment properties valued about €2.3m in early 2014 but subject to loan finance of more than €7.7m.