Liang and Meng

In the matter of *Liang and Meng*, Stevenson J considered a dispute between the parties concerning the sale and distribution of proceeds from certain properties, as well as ongoing financial obligations related to other properties. The court was tasked with making orders to resolve these matters.

The central legal issues before the court involved determining the appropriate orders for the sale of specific properties, the distribution of the sale proceeds, and the interim financial arrangements for other properties. This included deciding how to manage existing mortgages, rates, and levies, and how to allocate responsibility for mortgage instalments and rental income pending settlement.

Stevenson J ordered that the parties were to cooperate in selling the properties at B Street and D Street for the best reasonably obtainable price. The proceeds were to be applied first to discharge existing mortgages, then to pay outstanding rates and levies, with any remaining balance to be paid into a controlled monies account held by the husband's solicitor. Pending settlement, the husband was to pay all mortgage instalments and outgoings for these properties, but would receive any rental income generated. Following settlement, both parties were to contribute equally to mortgage instalments for the properties at F Street and H Street.