Meehan and Meehan

In Meehan and Meehan, Judge McGuire of the Federal Circuit Court of Australia determined the division of a property pool between a husband and wife. The dispute concerned the allocation of various assets and liabilities following the parties' separation.

The court was required to determine the appropriate percentage split of the parties' property pool and to make orders for the transfer and retention of specific assets, including the former matrimonial home, motor vehicles, retirement funds, and real estate. The court also had to consider the financial implications of these transfers, including any necessary lump sum payments between the parties, and to address the husband's application for spousal maintenance.

Judge McGuire ordered that the property pool be divided 82.5% in favour of the wife and 17.5% in favour of the husband. The husband was given a first option to retain the former matrimonial home, with specific timelines and payment obligations stipulated depending on whether he exercised this option. The court also detailed the transfer of various other assets and liabilities between the parties, ensuring each party was solely responsible for liabilities attaching to assets they retained and for liabilities incurred since separation. The husband's application for spousal maintenance was dismissed.