Fisher v Fisher

Case [1986] HCA 61


HIGH COURT OF AUSTRALIA

Gibbs C.J., Mason, Wilson, Brennan, Deane and Dawson JJ.

FISHER v. FISHER

(1986) 161 CLR 438

28 October 1986

Family Law—High Court

Family Law—Family Court—Jurisdiction—Death of either party to pending proceedings—Proceedings to alter property interests—Right of representative of deceased party to be substituted—Family Law Act 1975 (Cth), ss. 4(1), 79(1), (2), (8)—The Constitution (63 &64 Vict. c. 12), s. 51(xxi). High Court—Appellate jurisdiction—Appeals from "judgments, decrees, orders and sentences"—Answers to questions in special case to Full Court of Family Court not appealable—The Constitution (63 &64 Vict. c. 12), s. 73.

Decisions


GIBBS C.J.: June May Fisher ("the wife") and Kenneth John Fisher ("the husband") were married on 30 October 1948. They lived together until 23 November 1983 when they separated and they did not cohabit thereafter. At the date of the separation the property of the spouses consisted of the former matrimonial home, which was in the name of the husband, two motor cars, one in the name of the husband and one in the name of the wife, and other items of personal property owned solely or jointly by the husband and the wife. On 17 February 1984 the wife filed an application in the Family Court of Australia seeking orders pursuant to s.79(1) of the Family Law Act 1975 (Cth), as amended ("the Act") for the alteration of the interests of the parties to the marriage in the property of the parties to the marriage. In particular, she sought an order that the matrimonial home be sold and that the proceeds of sale be divided equally between the husband and the wife and that other property of the husband and the wife be divided equally between them, or sold and the net proceeds divided equally between them. Certain procedural orders were made, but the proceedings on the application had not been completed when the wife died on 11 July 1984. She was survived by her son, Robert John Fisher ("the respondent"), a daughter and three grandchildren, the eldest of whom was aged eleven. By her will, the wife appointed the respondent to be the executor and trustee of her will, and gave all her jewellery to her daughter and the residue of her property to her trustee on trust for such of her grandchildren as should attain the age of twenty-five years. Probate of the will was granted to the respondent on 28 October 1984. On 30 April 1985 the respondent filed an application in the Family Court seeking, inter alia, an order, pursuant to s.79(8) of the Act and O.14 r.6 of the Family Law Rules, that he be substituted as a party to the proceedings commenced by the application made by the wife. The husband raised the question whether s.79(8) of the Act is valid and whether the Family Court had power to substitute the respondent as a party. Subsequently, the Attorney-General for the Commonwealth intervened in the proceedings. Thereafter Smithers J. stated a special case under s.94A of the Act…

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AGLC
Fisher v Fisher [1986] HCA 61
Case
[1986] HCA 61
Decision Date

CaseChat Overview and Summary

The Full Court of the High Court of Australia heard an appeal concerning a dispute between the parties, Mr and Mrs Fisher, regarding the division of matrimonial property. The primary issue before the court was the appropriate valuation of certain assets, specifically shares in a family company, for the purposes of property settlement.

The court was required to determine whether the shares should be valued on a "going concern" basis or on a "liquidation" basis, and how any resulting disparity in valuation should be accounted for in the property settlement. This involved considering the nature of the company, its financial position, and the likelihood of its continued operation.

The High Court held that the shares should be valued on a "going concern" basis, reflecting the reality of the company's ongoing operations and its earning capacity. The court reasoned that valuing the shares on a liquidation basis would not accurately reflect their true worth to the parties, particularly given the company's established business. The principles of equitable distribution of matrimonial property were applied, with the court emphasising the need for a practical and realistic assessment of asset values.

The appeal was allowed, and the matter was remitted to the Family Court for redetermination of the property settlement in accordance with the High Court's judgment on the valuation of the shares.

Orders

Orders of the court

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Background

Background to the litigation

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Evidence

Evidence Before The Court

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Decision

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Ratio Decidendi

Legal Principle Established

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