Curtain & Curtain

Case [2016] FamCA 577


FAMILY COURT OF AUSTRALIA

CURTAIN & CURTAIN [2016] FamCA 577

FAMILY LAW – PROPERTY – final orders – where the wife seeks orders for property settlement – where the orders are opposed by the husband – where there are farming properties –where each party seeks to retain various properties including farming properties – where the was a settlement agreement – where consideration is given to contributions of the parties – where consideration is given to s 75(2) factors – where an order is made for the wife to receive 45 per cent of the property of the parties and therefore the husband is required to pay a settlement sum.

Family Law Act 1975 (Cth) s 4, 75, 79, 106A

Bevan & Bevan (2013) FLC 93-545
Bremner & Bremner (1995) FLC 92-560
Brown & Brown ([2005] FamCA 389
Chorn & Hopkins (2004) FLC 93-204
Commonwealth of Australia v Verwayen (1990) 170 CLR 394
Kowaliw & Kowaliw (1981) FLC 91-092
La Costa & La Costa [2007] FamCA 1176
M & M [1998] FamCA 42
Money & Money (1995) FLC 92-485
Pierce & Pierce (1999) FLC 92-844
Quaresmini & Quaresmini [1999] FamCA 1314
Ruane & Bachmann-Ruane [2009] FamCA 1101
Stanford v Stanford (2012) 247 CLR 108
Truman & Truman [2013] FamCA 765
Walton Stores (Interstate) Limited v Maher (1988) 164 CLR 387
Watson & Ling [2013] FamCA 57
Woodcock & Woodcock (1997) FLC 92-739
Woodland & Todd (2005) FLC 93-217

APPLICANT: Ms Curtain
RESPONDENT: Mr Curtain
FILE NUMBER: ADC 4409 of 2013
DATE DELIVERED: 15 July 2016
PLACE DELIVERED: Adelaide
PLACE HEARD: Adelaide
JUDGMENT OF: Berman J
HEARING DATE: 4, 5, 6 & 7 April 2016 and 30 May 2016

REPRESENTATION

COUNSEL FOR THE APPLICANT: Litigant in Person
SOLICITOR FOR THE APPLICANT:
COUNSEL FOR THE RESPONDENT: Mr McQuade
SOLICITOR FOR THE RESPONDENT: Howe Jenkin

Orders

  1. That by way of settlement of property or alteration of interest in property:-

    (a)Within sixty (60) days of the date of this order the husband do pay direct to the wife the sum of FIFTY FIVE THOUSAND SIX HUNDRED AND THIRTY FOUR DOLLARS ($55,634) ($634)  (“the settlement sum”);

    (b)Contemporaneously with the payment by the husband to the wife of the said settlement sum, the wife shall:-

    (i)Transfer to the husband all her estate and interest in the property situate at and known as B Street, C Town being the whole of the land comprised and described in Certificate of Title Volume … Folio … (“the C Town property”);

    (ii)Resign as a director of D Pty Ltd ACN …  and do transfer her shareholding in D Pty Ltd to the husband;

    (iii)Do relinquish her appointment as a trustee of the Mr Curtain Family Trust, the Mr Curtain No 2 Family Trust and the E Family Trust and do transfer and assign to the husband all her estate and interest in any of the assets of the said trusts.

    (c)Contemporaneously with the payment of the said settlement sum and the transfer of the wife’s interest in the C…

Continue reading Curtain & Curtain

Sign in free to access the full text

Details
AGLC
Curtain & Curtain [2016] FamCA 577
Case
[2016] FamCA 577
Decision Date

CaseChat Overview and Summary

In the matter of *Curtain & Curtain*, Berman J of the Family Court of Australia considered a dispute between a husband and wife concerning property settlement. The wife sought orders for property settlement, which were opposed by the husband. The case involved farming properties, with each party seeking to retain specific assets, including these farming properties. A settlement agreement had been reached between the parties.

The court was required to determine the appropriate division of the parties' property interests. In doing so, it had to consider the contributions made by each party to the marriage and their respective assets, as well as the factors outlined in section 75(2) of the *Family Law Act 1975* (Cth). These factors relate to matters such as the age and health of the parties, their earning capacity, and the responsibilities of caring for children.

Berman J's reasoning led to an order that the wife receive 45 per cent of the parties' property. This was to be achieved through a series of specific transfers and payments. The husband was ordered to pay a settlement sum of $55,634 to the wife. Contemporaneously, the wife was to transfer her interest in the C Town property, resign as director and transfer her shares in D Pty Ltd, and relinquish her trustee appointments in several family trusts, transferring her interests in those trust assets to the husband. The husband was to transfer his interest in the Suburb G property to the wife, and indemnify the wife against liabilities of D Pty Ltd and the family trusts. The wife was to retain her interest in the H and I Family Trusts, and the partnership between the parties, MR & MS Curtain, was to be dissolved with assets transferred to the husband. The husband was to retain his interest in E Consulting Pty Ltd and indemnify the wife against liabilities of MR & MS Curtain and E Consulting. Further orders addressed the parties' superannuation, personal property, and liabilities to the husband's mother. In the event of default by the husband in paying the settlement sum or discharging the mortgage on the Suburb G property, specific provisions were made for the sale of other properties to satisfy these obligations.

Orders

Orders of the court

1.

That by way of settlement of property or alteration of interest in property:-

(a) Within sixty (60) days of the date of this order the husband do pay direct to the wife the sum of FIFTY FIVE THOUSAND SIX HUNDRED AND THIRTY FOUR DOLLARS ($55,634) ($634) (“the settlement sum”);

(b) Contemporaneously with the payment by the husband to the wife of the said settlement sum, the wife shall:-

(i) Transfer to the husband all her estate and interest in the property situate at and known as B Street, C Town being the whole of the land comprised and described in Certificate of Title Volume … Folio … (“the C Town property”);

(ii) Resign as a director of D Pty Ltd ACN … and do transfer her shareholding in D Pty Ltd to the husband;

(iii) Do relinquish her appointment as a trustee of the Mr Curtain Family Trust, the Mr Curtain No 2 Family Trust and the E Family Trust and do transfer and assign to the husband all her estate and interest in any of the assets of the said trusts.

(c) Contemporaneously with the payment of the said settlement sum and the transfer of the wife’s interest in the C Town property and her shareholding in D Pty Ltd, the husband do transfer to the wife all his estate and interest in the property situate at and known as F Street, Suburb G being the whole of the land comprised and described in Certificate of Title Volume … Folio … (“the Suburb G property”);

(d) The husband do indemnify the wife and keep her forever indemnified with respect to any liabilities of D Pty Ltd, Mr Curtain Family Trust, Mr Curtain No 2 Family Trust and E Family Trust and keep her forever indemnified with respect to any liabilities in respect of same PROVIDED THAT the wife shall relinquish or assign any credit loan account (if any) to the husband;

(e) The wife shall retain her interest in the H Family Trust and I Family Trust free of claim of the husband;

(f) The partnership between the husband and the wife styled MR & MS Curtain be dissolved as at 30 June 2016 and the wife do execute all such documents as are necessary to transfer the assets of the partnership to the husband at their tax or book values;

(g) The husband shall retain his interest in E Consulting Pty Ltd free from any claim by the wife;

(h) The husband indemnify the wife and keep her forever indemnified with respect to any liabilities of MR & MS Curtain and E Consulting;

(i) The husband and wife take all such steps as may be necessary to roll over the wife’s member account balance with the Curtain Superannuation Fund to such superannuation fund as the wife shall nominate and that forthwith thereafter the wife do resign as trustee of the Curtain Superannuation Fund;

(j) The wife do retain as her sole property her interest in the property at J Town and in the property previously occupied by the wife’s mother at L Town;

(k) The husband do all things necessary to discharge the ANZ residential loan secured over the Suburb G property to the effect that the property shall be transferred to the wife free and unencumbered by any liability, charge, guarantee or security;

(l) In respect of the parties interest in personalty, they shall retain as their sole and separate property their savings, shares, motor vehicles, superannuation entitlements, furniture and household effects, jewellery and all other items presently registered in their names or in their respective possession;

(m) The husband will indemnify the wife and keep her indemnified in respect of any liability outstanding to the husband’s mother;

(n) In default of the payment of the said settlement sum either in whole or in part or if the husband shall fail to discharge the mortgage liability secured over the Suburb G property and in circumstances where that default shall remain outstanding for a period greater than thirty (30) days THEN the parties shall do all things necessary to cause the C Town property and the properties known as “M” and “E” to be placed on the market for sale by private treaty or public auction upon such terms and conditions as the parties may agree but in default of agreement as may be ordered by this Honourable Court and that following the sale of the said property or properties and the payment out of the necessary costs of sale and the discharge of any secured mortgage, from the net balance remaining (if any) the wife shall receive the settlement sum or so much of the settlement sum as shall remain outstanding together with such sum as may be required to discharge any mortgage liability secured over the Suburb G property together with default interest at 10 per centum per annum and the husband shall be entitled to the balance remaining.

2.

That a Registrar of this Honourable Court shall have power pursuant to s 106A of the Family Law Act 1975 (Cth) to sign all such documents as may be required to give effect to these orders in circumstances where upon proof by affidavit a party has refused or neglected to sign such documents as may be presented to him or her and that such refusal or neglect has continued for a period longer than seven (7) days after the said documents were presented.

3.

All matters be removed from the pending list of cases.

Note: The form of the order is subject to the entry of the order in the Court’s records.

Background

Background to the litigation

Full text does not contain this section.

Evidence

Evidence Before The Court

Full text does not contain this section.

Decision

Reasons for decision

Full text does not contain this section.

Ratio Decidendi

Legal Principle Established

Full text does not contain this section.