Thanks for confirming. Your situation is slightly complicated given you have divorced your first wife and there has been no formal financial settlement and she has not remarried. She is therefore still entitled to pursue a court application against you for financial relief.
However, for the purposes of your enquiry I will focus on your current marriage and issue.
Firstly, the courts have the power to ignore the agreement you have with your first wife to ensure that your current wife's needs are met.
Given your 9 year marriage to your current wife, a court is likely to consider that this is a long marriage and it may be difficult to attempt to ring-fence assets as matrimonial and non-matrimonial and therefore you may both have a right to pursue a claim against all assets.
You will both need to provide each other with full and frank financial and income disclosure, as well as disclosure of your reasonable needs. The Court's starting point is a 50-50 split of all matrimonial assets and ensuring that both your needs are met in relation to both assets and income - and therefore the split may be different depending on needs. The criteria considered is:
1. The income, earning capacity, property and other financial resources which each of the parties to the marriage has or is likely to have in the foreseeable future, including in the case of earning capacity any increase in that capacity which it would in the opinion of the court be reasonable to expect a party to the marriage to take steps to acquire;
2. The financial needs, obligations and responsibilities which each of the parties to the marriage has or is likely to have in the foreseeable future;
3. The standard of living enjoyed by the family before the breakdown of the marriage;
4. The age of each party to the marriage and the duration of the marriage;
5. Any physical or mental disability of either of the parties to the marriage;
6. The contributions which each of the parties has made or is likely in the foreseeable future to make to the welfare of the family, including any contribution by looking after the home or caring for the family;
7. The conduct of each of the parties, if that conduct is such that it would in the opinion of the court be inequitable to disregard it;
8. In the case of proceedings for divorce or nullity of marriage, the value to each of the parties to the marriage of any benefit which, by reason of the dissolution or annulment of the marriage, that party will lose the chance of acquiring.
If you have any further questions regarding this please let me know. In the meantime if you found this information helpful please provide a positive rating using the stars at the top of this page. I will not be credited for answering your question without a positive rating. Thank you