Baney and Baney

In the matter of *Baney and Baney*, Johnston JR of the Federal Magistrates Court of Australia considered an application concerning financial matters between the husband and wife. The dispute involved the distribution of company assets and the provision of costs and disclosure.

The court was required to determine the appropriate interim orders regarding the payment of dividends from a company controlled by the husband, the payment of the wife's legal costs, and the disclosure of certain financial information by the husband. Specifically, the court addressed the wife's claim for a proportion of rent paid by a company to another entity, the husband's obligation to fund the wife's legal expenses, and the disclosure of the husband's entitlements under his mother's will.

Johnston JR ordered that, pending further order, the husband and wife, in their capacities as officers of D Pty Ltd, must ensure the company pays to the wife 60 per cent of any rent received from the B Company within seven days of receipt. Furthermore, the husband was ordered to pay $80,000 into the wife's solicitors' trust account within 60 days for her costs and disbursements. The court also dismissed a specific paragraph from the wife's application and, by consent, ordered the husband to provide disclosure regarding his inheritance from his mother's will within 14 days.