FEDERAL CIRCUIT COURT OF AUSTRALIA
| LACEY & LACEY | [2016] FCCA 38 |
| Catchwords: FAMILY LAW – Property – application for an interim property settlement – 37 year marriage – very substantial pool – where the husband has control of the majority of the assets – where the matter has taken a long time to finalise due to matters outside the parties’ control – where the end is not yet in sight – whether the husband should pay the wife a sum of money prior to the final hearing so that she can, among other things, purchase a property and derive income and be independent of the husband and Centrelink. |
| Legislation: Family Law Act 1975 (Cth), ss.79, 80 |
| Harris & Harris (1993) FLC 92-378 Stanford & Stanford [2012] HCA 206 Strahan & Strahan (2011) FLC 93-466 Wenz & Archer [2008] FMCAfam 1119 Pierce & Pierce (1999) FLC 92-844 Williams & Williams [2007] FamCA 313 |
| Applicant: | MS LACEY |
| Respondent: | MR LACEY |
| File Number: | NCC 1128 of 2011 |
| Judgment of: | Judge Terry |
| Hearing date: | 30 April 2015 |
| Date of Last Submission: | 30 April 2015 |
| Delivered at: | Newcastle |
| Delivered on: | 19 January 2016 |
REPRESENTATION
| Counsel for the Applicant: | Mr Boyd |
| Solicitors for the Applicant: | Bell & Johnson Solicitors |
| Solicitor Advocate for the Respondent: | Mr Hargreaves |
| Solicitors for the Respondent: | Palmers Solicitors |
ORDERS
NOTING THAT the court intends to order that the wife receive $1,000,000.00 by way of further interim property settlement the matter is adjourned to 2.15pm on 29 January 2016 for submissions as to the form of the orders, with consideration to be given to including a requirement that the wife inform the husband about the use or whereabouts of the money from time to time and a requirement that upon the wife purchasing a property she consents to an injunction restraining her from encumbering or disposing of the property pending finalisation of the property settlement proceedings.
IT IS NOTED that publication of this judgment under the pseudonym Lacey & Lacey is approved pursuant to s.121(9)(g) of the Family Law Act 1975 (Cth).
| FEDERAL CIRCUIT COURT OF AUSTRALIA AT NEWCASTLE |
NCC 1128 of 2011
| MS LACEY |
Applicant
And
| MR LACEY |
Respondent
REASONS FOR JUDGMENT
Introduction
Ms Lacey and Mr Lacey separated in January 2010 after a 37 year marriage. They are parties to property settlement proceedings which have been before the court since 2011 and the end is still not in sight. In November 2015 they were still arguing about processes connected with obtaining valuations.
Hopefully the valuations will be available in the relatively near future but if the matter does not settle after the valuations are obtained, and it is difficult to be optimistic that this will occur, it is likely to be another 12 months before the matter is finalised.
On current appearances the asset pool is worth well over $9m and the husband has control of the vast majority of the assets. The wife owns a modest home unit but she is dependent on Newstart allowance and on voluntary payments made…
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- Lacey and Lacey [2016] FCCA 38
- Case
- [2016] FCCA 38
- Decision Date
CaseChat Overview and Summary
The primary legal issue before the court was the form and conditions of the interim property settlement order. Specifically, the court needed to determine whether to include specific requirements regarding the wife's use and reporting of the funds, and the potential for an injunction over any property purchased with those funds pending final resolution of the proceedings.
Judge Terry indicated an intention to order the wife receive $1,000,000.00 by way of further interim property settlement. The court proposed to adjourn the matter to allow for submissions on the precise form of the orders. These submissions were to consider including a requirement for the wife to inform the husband of the use or whereabouts of the money from time to time, and a further requirement that upon purchasing a property, the wife consent to an injunction restraining her from encumbering or disposing of that property until the finalisation of the property settlement proceedings.
Orders
Orders of the court
1.
NOTING THAT the court intends to order that the wife receive $1,000,000.00 by way of further interim property settlement the matter is adjourned to 2.15pm on 29 January 2016 for submissions as to the form of the orders, with consideration to be given to including a requirement that the wife inform the husband about the use or whereabouts of the money from time to time and a requirement that upon the wife purchasing a property she consents to an injunction restraining her from encumbering or disposing of the property pending finalisation of the property settlement proceedings.
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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