COLLAGIO & COLLINS

In the matter of *Collagio & Collins*, Foster J of the Federal Circuit and Family Court of Australia was required to determine the validity of a financial agreement entered into by the parties. The central dispute concerned whether this agreement, dated 7 June 2013, constituted a binding financial agreement under s 90C of the *Family Law Act 1975* (Cth).

The primary legal issue before the Court was whether the financial agreement met the stringent requirements for validity as prescribed by the *Family Law Act 1975*. This involved an examination of the circumstances surrounding its execution and whether it satisfied the conditions necessary to be considered a binding financial agreement, thereby precluding further litigation on the matters it purported to resolve.

Foster J found that the financial agreement dated 7 June 2013 was indeed a binding financial agreement pursuant to s 90C of the *Family Law Act 1975*. The Court's reasoning, though not detailed in the provided text, led to the conclusion that the agreement was validly made and enforceable. Consequently, the Court ordered that the financial agreement be recognised as binding. Any application for costs was to be filed within 28 days of the judgment.