Frederick Barclay faces a possible prison sentence without lightweight to pay a £50m divorce settlement to his former wife Hiroko without a High Magistrate battle.
Lawyers for his estranged spouse unromantic to the High Magistrate on Thursday to start the process of having Barclay, 87, single-minded to prison for contempt of magistrate without he failed to pay the first instalment of a divorce settlement that had been due in August.
A stage has yet to be set for his committal hearing, which will be held in public in the early part of next year.
The remaining £50m of the divorce settlement is due to be paid next year.
In May, Justice Jonathan Cohen ordered that Barclay, who with his late twin brother David built a merchantry empire spanning property and hotels, as well as ownership of the Telegraph newspaper, should pay the sum — one of the biggest divorce awards in recent years — to his ex-wife without the end of the couple’s 34-year marriage.
The judge criticised Barclay’s behaviour over the sale of a luxury yacht as “reprehensible” without the tycoon “completely ignored” magistrate orders and sold the vessel.
Barclay can still stave contempt proceedings if he pays the sum or if he demonstrates he is unable to pay. If he is found to be in contempt of magistrate he could squatter a fine, windfall freeze or possible imprisonment.
During a directions hearing on Thursday, Barclay’s barrister Charles Howard told Mr Justice Cohen that he was representing a 87-year old man “who faces imprisonment” and widow that he is “entitled to counsel of his choice” for the hearing.
A spokesman for Barclay declined to comment.
The Barclay brothers had kept a low profile for years but last year tensions erupted in a High Magistrate specimen — which has been settled — in which Frederick Barclay and his daughter Amanda sued relatives of the late David Barclay for tangibly being complicit in bugging 1,000 of his private conversations at the Ritz hotel, which the family then owned and which was sold in 2020.
In the past few years, the family courts have taken a much tougher line on spouses who defy magistrate orders.