BALDONI & BALDONI

In *Baldoni & Baldoni*, Berman J made orders concerning the preservation of assets and the conduct of the parties in family law proceedings. The dispute involved a husband and wife, and the court was required to make orders to manage their financial affairs and property pending further resolution.

The court was tasked with determining the appropriate interim orders to govern the parties' use of assets and income, the exclusive occupation of certain properties, and the restraint of dealings with various listed properties. Further issues included the management of rental income from specific properties, injunctions preventing disclosure of business information and attendance at business premises, and the provision of detailed financial disclosure by both parties regarding their respective business interests. The court also needed to address the appointment and fees of a single expert witness to value the parties' interests in several entities.

Berman J applied principles of family law concerning property preservation and financial disclosure. The court ordered that each party use assets and income only in the ordinary course of business, unless otherwise agreed. Exclusive occupancy of the farm property was granted to the wife, and exclusive occupation of a residential property was granted to the husband. Both parties were restrained from assigning, encumbering, or disposing of their interests in a list of specified properties. Orders were made for the application of rental income from certain properties towards loan repayments and associated costs, with any surplus or shortfall to be shared equally. Specific injunctions were imposed on each party regarding their conduct in relation to the other's business entities. Comprehensive monthly financial disclosure obligations were imposed on both the husband and wife concerning their respective business interests. The court also ordered the appointment of a single expert to value the parties' interests in various trusts and companies, with the husband to be initially responsible for the expert's fees, subject to later apportionment. Finally, the wife was ordered to file a financial statement and provide disclosure regarding the disposal of a specific sum of money, and both parties were required to provide statements of their incurred and anticipated legal costs.