Peter Phillips and his estranged wife, Autumn, are heading to court for a financial settlement hearing over their divorce. The couple, who have two daughters, announced last February that they were divorcing, after 12 years of marriage. A High Court judge will next week hear from lawyers for each party as they seek to separate their finances and agree a settlement. The pre-trial review hearing will be heard remotely before Mr Justice Peel in the Family Division. Mr Phillips has retained Nicholas Yates QC, a leading divorce lawyer whose online profile says he handles “complex cases relating to significant assets and jurisdictional disputes” and also “leads negotiations in high-value postnuptial agreements”. He worked alongside Ayesha Vardag last year, representing wealthy businessman Simrin Choudhrie, 38, who sought £100 million from Bhanu Choudhrie, 41, an heir of one of India's richest families who appeared on the Channel 4 reality show The Secret Millionaire. Mr Phillips, 43, the only son of the Princess Royal, has applied for reporting restrictions barring the disclosure of financial and other personal details.