Koch and Kest

In the matter of *Koch and Kest*, Henderson J considered an application by the husband concerning financial matters. The dispute centred on the division of assets and liabilities, particularly concerning bank accounts, a line of credit, mortgages, and properties.

The primary legal issues before the court were the appropriate disposition of funds in a joint bank account, the management and repayment of a joint line of credit and associated mortgages, and the occupation and outgoings related to specific properties. The court was required to determine how these financial matters should be managed pending further orders or the final resolution of the proceedings.

Henderson J ordered that the husband's application be dismissed. The court directed the husband to transfer the remaining balance of a specified bank account to a joint line of credit, less an amount for his 2019 tax liability, within seven days. Both parties were restrained from accessing the line of credit individually, and any associated mortgages required joint execution. The husband was ordered to pay all interest instalments on the mortgages and all outgoings for two properties, and to provide notice to terminate a lease at one property to facilitate the wife and children's occupation. The wife was granted exclusive occupation of that property thereafter.