Garrey and Crosby
Case
•
[2008] FamCA 40
•31 January 2008
Details
AGLC
Case
Decision Date
Garrey and Crosby [2008] FamCA 40
[2008] FamCA 40
31 January 2008
CaseChat Overview and Summary
In the matter of Garrey and Crosby, Justice O'Ryan considered an application by the Wife for interim spousal maintenance and injunctive relief. The dispute concerned the Husband's alleged dissipation of assets and the Wife's need for financial support pending further orders.
The court was required to determine whether to grant interim spousal maintenance to the Wife and, if so, in what amount. Additionally, the court had to consider whether to impose various interlocutory injunctions restraining the Husband from dealing with certain assets and entities, including C Pty Ltd, the Crosby Family Trust, and the N Trust, and requiring him to provide notice of proposed transactions. The court also considered the provision of documents relating to intellectual property owned by C Pty Ltd.
Justice O'Ryan ordered the Husband to pay the Wife $750 per week by way of interim spousal maintenance. The court also granted extensive injunctive relief, restraining the Husband, in his capacity as director of C Pty Ltd, from diminishing the equity in the company or dealing with its assets outside the ordinary course of business without providing the Wife 21 days' written notice and full details of the proposed transaction. Similar notice requirements were imposed on the Husband regarding his personal bank account, shares and assets held by the Crosby Family Trust and the N Trust, and his own shares and assets, save for those used for maintenance payments or living expenses. The Husband was also ordered to provide specific documents relating to intellectual property discussions and agreements concerning C Pty Ltd within 28 days. The costs of both parties were reserved.
The court was required to determine whether to grant interim spousal maintenance to the Wife and, if so, in what amount. Additionally, the court had to consider whether to impose various interlocutory injunctions restraining the Husband from dealing with certain assets and entities, including C Pty Ltd, the Crosby Family Trust, and the N Trust, and requiring him to provide notice of proposed transactions. The court also considered the provision of documents relating to intellectual property owned by C Pty Ltd.
Justice O'Ryan ordered the Husband to pay the Wife $750 per week by way of interim spousal maintenance. The court also granted extensive injunctive relief, restraining the Husband, in his capacity as director of C Pty Ltd, from diminishing the equity in the company or dealing with its assets outside the ordinary course of business without providing the Wife 21 days' written notice and full details of the proposed transaction. Similar notice requirements were imposed on the Husband regarding his personal bank account, shares and assets held by the Crosby Family Trust and the N Trust, and his own shares and assets, save for those used for maintenance payments or living expenses. The Husband was also ordered to provide specific documents relating to intellectual property discussions and agreements concerning C Pty Ltd within 28 days. The costs of both parties were reserved.
Details
Key Legal Topics
Areas of Law
-
Family Law
-
Equity & Trusts
-
Commercial Law
Legal Concepts
-
Injunction
-
Fiduciary Duty
-
Costs
-
Discovery
Actions
Download as PDF
Download as Word Document
Citations
Garrey and Crosby [2008] FamCA 40
Cases Citing This Decision
0
Cases Cited
0
Statutory Material Cited
1