Kaderas and Kaderas

In *Kaderas and Kaderas*, Judge Carter of the Family Court of Australia made orders concerning the division of property between the parties. The dispute involved the distribution of various assets, including real estate, vehicles, shares, and superannuation entitlements, and the discharge of associated mortgages.

The court was required to determine the terms of a just and equitable division of the parties' property. This involved specifying the payment of a sum by the Wife to the Husband, the transfer of interests in two properties, the assumption of mortgage liabilities, and the allocation of other assets and liabilities between the parties. The court also had to consider the consequences of non-payment of the sum by the Wife, including the potential sale of a property.

Judge Carter's reasoning led to orders that discharged previous orders and stipulated a payment of $66,599 from the Wife to the Husband within 60 days. Contemporaneously with this payment, the parties were to transfer their respective interests in two properties, with each party assuming responsibility for the mortgage on the property they retained. The orders further detailed the process for the sale of one property should the payment not be made, including the application of sale proceeds. Specific provisions were made for the retention of various personal assets, vehicles, shares, bank accounts, and superannuation entitlements by each party. The court noted its satisfaction that the orders represented a just and equitable division of the property.