Lockie and Lockie

Link copied
Case Copied 87 min read

FAMILY COURT OF AUSTRALIA

LOCKIE & LOCKIE [2009] FamCA 656
FAMILY LAW – PROPERTY – Section 75(2) – Initial contributions of the parties – Assets allegedly held on trust for the child of the marriage – Wife’s contribution to the earning capacity of the husband – Payments made by husband to his former wife and child – Future costs of care of the child – Whether husband’s de facto constitutes a financial resource
Family Law Act 1975 (Cth)
APPLICANT: Mr Lockie
RESPONDENT: Ms Lockie
FILE NUMBER: SYF 2311 of 2004
DATE DELIVERED: 28 July 2009
PLACE DELIVERED: Sydney
PLACE HEARD: Sydney
JUDGMENT OF: Le Poer Trench J
HEARING DATE: 10 to 14 November 2008

REPRESENTATION

COUNSEL FOR THE APPLICANT: Mr Lethbridge SC with Mr Gramelis
SOLICITOR FOR THE APPLICANT: John M Barbouttis
COUNSEL FOR THE RESPONDENT: Mr Millar
SOLICITOR FOR THE RESPONDENT: Pearson Family Lawyers

Orders

  1. The parties are to forthwith do all things necessary to transfer to the husband the Credit Agricole Luxembourg bank account (standing at $236,489 on the balance sheet) being the account in the name of the parties’ child and being held in Fixed Yield Deposit Account number … in Credit Agricole Luxembourg.

  2. Within two calendar months from the date hereof the wife is to pay the husband the sum of $480,607.

  3. In the event of the wife failing to make the payment to the husband as required by Order 2 hereof then forthwith upon the occurrence of such failure the parties are to jointly sell the property at E Road, northern Sydney  (“the [E] Road property”) through an agreed real estate agent and at an agreed sale price. The parties are to jointly appoint a solicitor or conveyancing firm to act for them on the sale. The parties are to ensure that the solicitor or conveyancer acting on the sale is provided with a copy of these orders. Each party has liberty to apply for further orders implementing the order for sale.

  4. Upon a sale being effected of the E Road property the parties are to cause the sale proceeds to be paid as follows:

    (i)Payment of sale expenses;

    (ii)discharge of the mortgage;

    (iii)payment to the husband of 83.5% of the balance then remaining;

    (iv)The balance thereafter to the husband.

  5. Each party has liberty to apply to seek further orders necessary to implement these orders.

  6. The wife is to cause to be delivered to the husband at H Street, northern Sydney (“the [H] Street property”) all his furniture and personal items which were acquired by the husband prior to the cohabitation. Thereafter the balance of the contents of the property is to be the wife’s.

  7. Each party otherwise be declared the absolute owner of any asset, resource, and superannuation in their possession and control standing in that party’s name.

IT IS NOTED that publication of this judgment under the pseudonym Lockie & Lockie is approved pursuant to s 121(9)(g) of the Family Law Act 1975 (Cth)

FAMILY COURT OF AUSTRALIA AT SYDNEY

FILE NUMBER: SYF…

CaseChat AU logo

Keep reading for free

Create a free CaseChat account to read Lockie and Lockie and more:

  • Read every judgment in full
  • Ask AI and get answers linked to paragraphs
  • See how each paragraph was cited in later cases
  • Download judgments as PDF or Word
Continue with Google

One click creates your free account or signs you in.

By continuing you agree to the Terms and Privacy Policy.

Details
Case
[2009] FamCA 656
Decision Date

CaseChat Overview and Summary

In *Lockie and Lockie*, Le Poer Trench J of the Family Court of Australia was required to make orders concerning the division of property between the parties. The dispute involved the distribution of various assets, including a Luxembourg bank account, a sum of money to be paid by the wife to the husband, a property located at E Road, northern Sydney, furniture and personal items, and other assets and superannuation held by each party.

The court was tasked with determining how to equitably divide the matrimonial assets and liabilities. This involved considering the appropriate treatment of a joint bank account held in the name of the parties' child, the quantum and method of payment of a significant sum from the wife to the husband, and the disposition of the E Road property in the event of non-payment. Furthermore, the court needed to address the division of household contents and the ownership of individual assets and superannuation.

Le Poer Trench J ordered that the Credit Agricole Luxembourg bank account be transferred to the husband. The wife was also ordered to pay the husband a specific sum of money within two months. In the event of the wife's failure to make this payment, the E Road property was to be jointly sold, with the proceeds to be applied first to sale expenses and mortgage discharge, then 83.5% of the remaining balance to the husband, and the final balance also to the husband. The husband was to receive his pre-cohabitation furniture and personal items, with the remaining contents of the property to become the wife's. Finally, each party was declared the absolute owner of all other assets, resources, and superannuation in their possession and control.

Orders

Orders of the court

1.

The parties are to forthwith do all things necessary to transfer to the husband the Credit Agricole Luxembourg bank account (standing at $236,489 on the balance sheet) being the account in the name of the parties’ child and being held in Fixed Yield Deposit Account number … in Credit Agricole Luxembourg.

2.

Within two calendar months from the date hereof the wife is to pay the husband the sum of $480,607.

3.

In the event of the wife failing to make the payment to the husband as required by Order 2 hereof then forthwith upon the occurrence of such failure the parties are to jointly sell the property at E Road, northern Sydney (“the [E] Road property”) through an agreed real estate agent and at an agreed sale price. The parties are to jointly appoint a solicitor or conveyancing firm to act for them on the sale. The parties are to ensure that the solicitor or conveyancer acting on the sale is provided with a copy of these orders. Each party has liberty to apply for further orders implementing the order for sale.

4.

Upon a sale being effected of the E Road property the parties are to cause the sale proceeds to be paid as follows:

(i) Payment of sale expenses;

(ii) discharge of the mortgage;

(iii) payment to the husband of 83.5% of the balance then remaining;

(iv) The balance thereafter to the husband.

5.

Each party has liberty to apply to seek further orders necessary to implement these orders.

6.

The wife is to cause to be delivered to the husband at H Street, northern Sydney (“the [H] Street property”) all his furniture and personal items which were acquired by the husband prior to the cohabitation. Thereafter the balance of the contents of the property is to be the wife’s.

7.

Each party otherwise be declared the absolute owner of any asset, resource, and superannuation in their possession and control standing in that party’s name.

Background

Background to the litigation

Full text does not contain this section.

Evidence

Evidence Before The Court

Full text does not contain this section.

Decision

Reasons for decision

Full text does not contain this section.

Ratio Decidendi

Legal Principle Established

Full text does not contain this section.