Markson and Markson

In the matter of Markson and Markson, Judge Scarlett of the Federal Circuit and Family Court of Australia made orders concerning the distribution of funds held in a controlled monies account. The dispute involved the Applicant and the Respondent, who were required to authorise their solicitors, Sage Solicitors, to disburse specific sums from these funds.

The court was required to determine how outstanding debts and interim property distributions should be settled from the jointly held funds. This included payments for utilities, credit card debts, bank accounts, school fees, and a motor vehicle loan, as well as interim property distributions to the husband.

Judge Scarlett ordered that within 21 days, both parties were to take all necessary steps to authorise Sage Solicitors to pay a total of $83,536.25 to various creditors, including Energy Australia, multiple banks, a school, and a finance company for a motor vehicle. Additionally, the court ordered that $17,548.18 be paid to Sarah Bevan Family Lawyers as an interim property distribution to the husband, and a further $37,500.00 be released directly to the husband, Mr Markson, also as an interim property distribution. These payments were to be made by Sage Solicitors within the same 21-day timeframe.