NADELLA & NADELLA

This matter concerned an application by the Wife and Husband for the alteration of property interests following a long marriage. The court was required to assess the parties' contributions and future needs, and to determine a just and equitable property settlement. A claim under *Kennon v Kennon* was also considered.

The primary legal issues before the court were the appropriate division of the parties' various assets, including real estate and motor vehicles, and the equitable distribution of funds from a joint account. The court also had to determine the terms of the transfer of interests in specific properties between the parties and the payment of a sum of money from the Husband to the Wife. Furthermore, the court needed to address the division of personal property, including photographs, and to make orders for the execution of necessary documents to give effect to the property settlement.

Judge Altobelli made orders for the closure of a joint account with funds to be divided 57.5% in the Wife's favour. The parties were ordered to transfer their respective interests in certain properties to each other, with the Husband to pay the Wife a sum of $329,027.65 within 42 days of the orders. The Wife was also ordered to provide the Husband with half of original photographs as originals and the remainder as copies. Specific properties and motor vehicles were allocated to each party to their sole right, title, and interest. The court further ordered that each party retain all personal property in their possession, along with sole name interests in shares, accounts, and superannuation. In the event of non-compliance, the Registrar of the Court was appointed to execute necessary documents. Liberty was granted to relist the matter for interpretation, implementation, or enforcement of the orders.