Matech and Matech

In the matter of *Matech and Matech*, Baumann J of the Family Court of Australia considered the enforceability of a financial agreement. The dispute concerned whether a financial agreement entered into by the parties on 26 July 2005 was binding.

The central legal issue before the Court was whether the financial agreement met the requirements of section 90G of the *Family Law Act 1975* (Cth) to be considered a valid and binding financial agreement. This required the Court to determine if the agreement was properly made in accordance with the statutory provisions.

Baumann J found that the financial agreement was binding on the parties pursuant to section 90G of the *Family Law Act 1975*. The Court's reasoning, as reflected in the orders, indicates a determination that the agreement satisfied the necessary legal criteria for validity. The proceedings were subsequently adjourned for further submissions and directions.