FAMILY COURT OF AUSTRALIA
| NETIS & KIPPLING | [2019] FamCA 363 |
| FAMILY LAW – PROPERTY – Where dispute about the agreed property pool – Where one pool – Where the court satisfied the wife’s student loan should be taken into account at its full value – Where there has been significant wastage of funds by the husband post-separation – Where the court cannot determine amount of wastage by the husband to be added back in to the pool – s 75(2) factors – s 79 discretion – Where the husband has made a greater financial contribution to the current pool of assets – Where the wife has made greater non-financial contributions – Where the court is unable to determine the husband’s future earning capacity – Order that the husband authorise the release to the wife from the NN Trust account $80,000.00 and the balance of those funds be released to the husband – Order that the parties retain ownership of the assets presently in their possession, remain responsible for the liabilities in their name, and remain entitled to the superannuation in their name |
| Family Law Act 1975 (Cth) ss 75, 79 |
| Netis & Kipling [2018] FamCA 703 Stanford v Stanford (2012) 247 CLR 108 Bevan & Bevan (2013) FLC 93-545 Omancini & Omancini (2005) FLC 93-218 Wilde & Wilde [2007] FamCA 1044 Aleksovski & Aleksovski [1996] FamCA 111 Perrin & Perrin(No 2) [2018] FamCAFC 122 |
| APPLICANT: | Ms Netis |
| RESPONDENT: | Mr Kipling |
| FILE NUMBER: | TVC | 809 | of | 2015 |
| DATE DELIVERED: | 5 June 2019 |
| PLACE DELIVERED: | Cairns |
| PLACE HEARD: | Cairns via video link to Townsville |
| JUDGMENT OF: | Tree J |
| HEARING DATE: | 7 and 8 March 2019 |
REPRESENTATION
| COUNSEL FOR THE APPLICANT: | Ms Smales |
| SOLICITORS FOR THE APPLICANT: | Roberts Nehmer McKee |
| COUNSEL FOR THE RESPONDENT: | Mr Raeburn |
Orders
Within 7 days, the husband authorise the further payment to the wife of the sum of $80,000.00 from the funds held on his behalf by NN Legal.
Upon the payment of the $80,000.00 to the wife, the balance of the funds in the NN Legal Trust account be released to the husband.
Otherwise each party retain the assets presently in their possession, and superannuation in their name, and be responsible for the liabilities in their names.
Otherwise all applications for property adjustment be dismissed.
Note: The form of the order is subject to the entry of the order in the Court’s records.
IT IS NOTED that publication of this judgment by this Court under the pseudonym Netis & Kipling has been approved by the Chief Justice pursuant to s 121(9)(g) of the Family Law Act 1975 (Cth).
Note: This copy of the Court’s Reasons for Judgment may be subject to review to remedy minor typographical or grammatical errors (r 17.02A(b) of the Family Law Rules 2004 (Cth)), or to record a variation to the order pursuant to r 17.02 Family Law Rules 2004 (Cth).
| FAMILY COURT OF AUSTRALIA AT CAIRNS |
FILE NUMBER: TVC809/2015
| MS NETIS |
Applicant
And
| MR KIPLING |
Respondent
REASONS FOR JUDGMENT
INTRODUCTION
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- AGLC
- Netis and Kippling [2019] FamCA 363
- Case
- [2019] FamCA 363
- Decision Date
CaseChat Overview and Summary
The primary legal issue before the court was how to distribute the remaining funds held in a trust account by NN Legal, and whether any further property adjustments should be made. The court was required to determine the appropriate allocation of these funds and the final disposition of the parties' respective assets and liabilities.
Tree J ordered that the husband authorise the payment of $80,000 from the NN Legal trust account to the wife within seven days. Upon this payment, the remaining balance in the trust account was to be released to the husband. The court further ordered that, apart from this payment, each party was to retain the assets and superannuation currently in their possession and be responsible for their own liabilities. Consequently, all other applications for property adjustment were dismissed.
Orders
Orders of the court
1.
Within 7 days, the husband authorise the further payment to the wife of the sum of $80,000.00 from the funds held on his behalf by NN Legal.
2.
Upon the payment of the $80,000.00 to the wife, the balance of the funds in the NN Legal Trust account be released to the husband.
3.
Otherwise each party retain the assets presently in their possession, and superannuation in their name, and be responsible for the liabilities in their names.
4.
Otherwise all applications for property adjustment be dismissed.
Note: The form of the order is subject to the entry of the order in the Court’s records.
Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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