FAMILY COURT OF AUSTRALIA
| HERMANSON & TRAVISS | [2019] FamCA 343 |
| FAMILY LAW – PROPERTY – Interim distribution. |
| Family Law Act 1975 (Cth) s 75, 79, 80, 117(2) |
| Harris and Harris (1993) FLC 92 378 Medlow & Medlow [2014] FamCA 530 Strahan & Strahan [2009] FamCAFC 166 Zschokke [1996] FamCA 79 |
| APPLICANT: | Mr Hermanson |
| RESPONDENT: | Ms Traviss |
| INDEPENDENT CHILDREN’S LAWYER: | Morton Family Lawyers |
| FILE NUMBER: | SYC | 2516 | of | 2017 |
| DATE DELIVERED: | 3 June 2019 |
| PLACE DELIVERED: | Sydney |
| PLACE HEARD: | Sydney |
| JUDGMENT OF: | Henderson J |
| HEARING DATE: | 21 May 2019 |
REPRESENTATION
| COUNSEL FOR THE APPLICANT: | Mr Richardson SC |
| SOLICITOR FOR THE APPLICANT: | Barkus Doolan |
| COUNSEL FOR THE RESPONDENT: | Ms Kennedy |
| SOLICITOR FOR THE RESPONDENT: | Cominos Family Lawyers |
Orders
That by way of interim property settlement the husband to pay from his D Bank account the following forthwith:
The sum of $608,130 to the wife being $308,000 in respect of legal fees, $207,130 for ongoing living expenses and $93,000 for legal fees paid from family advancements.
The husband pay to himself the sum of $200,000 by way of payment for legal fees.
The balance remaining be paid into a joint account in both parties’ names for the payment of Capital Gains Tax of $330,000 resulting from the on the sale of shares by the husband, payment of the children’s school fees at the B School up to 2021 or as agreed with the balance remaining to be paid as agreed.
Note: The form of the order is subject to the entry of the order in the Court’s records.
IT IS NOTED that publication of this judgment by this Court under the pseudonym Hermanson & Traviss has been approved by the Chief Justice pursuant to s 121(9)(g) of the Family Law Act 1975 (Cth).
Note: This copy of the Court’s Reasons for Judgment may be subject to review to remedy minor typographical or grammatical errors (r 17.02A(b) of the Family Law Rules 2004 (Cth)), or to record a variation to the order pursuant to r 17.02 Family Law Rules 2004 (Cth).
| FAMILY COURT OF AUSTRALIA AT SYDNEY |
FILE NUMBER: SYC 2516 of 2017
| Mr Hermanson |
Applicant
And
| Ms Traviss |
Respondent
REASONS FOR JUDGMENT
This was an application for interim property distribution by the wife seeking payment to her of some $775,000.
The application was in part agreed and in part resisted by the husband. The husband sought a distribution of funds to both he and the wife by way of an interim property distribution in different terms to that which the wife sought.
Ms Kennedy of Counsel appeared for the wife and Mr Richardson SC appeared for the husband.
The fund of money for payment to the parties is $1,350,000 held by the husband in a D Bank account. The money is the remainder from the sale of shares that the husband sold post separation.
In essence both parties seek a distribution from the fund for legal fees.
In addition the husband says money needs to be set aside to pay the children’s school…
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- AGLC
- HERMANSON & TRAVISS [2019] FamCA 343
- Case
- [2019] FamCA 343
- Decision Date
CaseChat Overview and Summary
The court was required to determine the appropriate interim distribution of funds from the husband's account, specifically addressing the wife's entitlement to legal fees and ongoing living expenses, the husband's entitlement to legal fees, and the provision for capital gains tax and children's school fees.
Henderson J ordered that the husband pay $608,130 from his D Bank account to the wife, comprising $308,000 for legal fees, $207,130 for ongoing living expenses, and $93,000 for legal fees already paid from family advancements. The husband was also permitted to pay himself $200,000 for his own legal fees. The remaining balance in the account was to be paid into a joint account, to be used for the payment of $330,000 in capital gains tax arising from the sale of shares by the husband, and for the children's school fees at B School up to 2021, or as otherwise agreed between the parties, with any remaining balance to be paid as agreed.
Orders
Orders of the court
That by way of interim property settlement the husband to pay from his D Bank account the following forthwith:
1.
The sum of $608,130 to the wife being $308,000 in respect of legal fees, $207,130 for ongoing living expenses and $93,000 for legal fees paid from family advancements.
2.
The husband pay to himself the sum of $200,000 by way of payment for legal fees.
3.
The balance remaining be paid into a joint account in both parties’ names for the payment of Capital Gains Tax of $330,000 resulting from the on the sale of shares by the husband, payment of the children’s school fees at the B School up to 2021 or as agreed with the balance remaining to be paid as agreed.
Note: The form of the order is subject to the entry of the order in the Court’s records.
Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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