FAMILY COURT OF AUSTRALIA
| NEWTON & NEWTON | [2013] FamCA 1026 |
FAMILY LAW – PROPERTY – Interim – Application seeking partial property settlement in a sum of money by way of distribution from the parties company or in the alternative dollar for dollar orders to cover future anticipated litigation – Where dollar for dollar order more appropriate in the circumstances – Where claim that the husband nor the company can make such payment - Where if amount exceeds wife’s entitlement then unlikely to have assets available to effect any refund - Where valuation of the company yet to be undertaken – Where court satisfied the husband or company have the capacity to progressively meet the payment of that sum on a dollar for dollar basis.
| Family Law Act 1975 s75(2), 79, 80(1)(k), 117 |
Osferatu & Osferatu [2012] FamCA 408
| APPLICANT: | Ms Newton |
| RESPONDENT: | Mr Newton |
| FILE NUMBER: | TVC | 621 | of | 2012 |
| DATE DELIVERED: | 19 December 2013 |
| PLACE DELIVERED: | Townsville |
| PLACE HEARD: | Townsville |
| JUDGMENT OF: | Tree J |
| HEARING DATE: | 2 December 2013 |
REPRESENTATION
| COUNSEL FOR THE APPLICANT: | Mr. Fellows |
| SOLICITORS FOR THE APPLICANT: | O’Shea & Dyer Solicitors |
| COUNSEL FOR THE RESPONDENT: | Mr. Middleton |
| SOLICITORS FOR THE RESPONDENT: | Coupler Geysen Family & Animal Law |
IT IS NOTED that publication of this judgment by this Court under the pseudonym Newton & Newton has been approved by the Chief Justice pursuant to s 121(9)(g) of the Family Law Act 1975 (Cth).
| FAMILY COURT OF AUSTRALIA AT |
FILE NUMBER:
| Ms Newton |
Applicant
And
| Mr Newton |
Respondent
REASONS FOR JUDGMENT
introduction
By her Amended Application in a Case filed 20 November 2013, the wife sought, amongst other orders, a partial property settlement to each of the parties in the sum of $100,000.00 by way of distribution from a company of which both the parties are shareholders and directors. In the alternative, she sought a regime of orders commonly known as “dollar for dollar” orders to cover her anticipated future costs of the litigation, either by way of partial property settlement, or pursuant to the costs power in s117 of the Family Law Act.
The wife’s application was opposed by the respondent husband.
BACKGROUND FACTS
The wife was born in 1965, and is therefore presently 48 years of age. The husband was born in 1967, and is therefore presently 46 years of age.
The parties commenced living together in about October 2005, at which time the wife was employed in the mining industry, and the husband was conducting a business known as B Pty Ltd.
Both of the parties had children from prior relationships. At the commencement of cohabitation the wife’s children were all adults, but the husband’s children, C and D, were aged about 8 and 5 years. Pursuant to Court Order, they lived with the husband, spending time with their mother for about 3 hours every second Saturday.
Immediately prior to cohabitation commencing, the husband had been residing with his parents and his two children at his parents’ home. Upon cohabitation commencing, the wife…
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CaseChat Overview and Summary
The primary legal issue before the Court was to determine the appropriate method for valuing and distributing the parties' superannuation interests, specifically a defined benefit superannuation scheme, in the context of their property settlement. The Court was also required to consider how to account for the non-financial contributions of each party to the marriage and the future needs of both Mr. and Mrs. Newton.
Tree J applied the principles of the *Family Law Act 1975* (Cth) to the division of matrimonial property. The Court determined that a pragmatic approach to valuing the defined benefit superannuation was necessary, considering the complexities of such schemes. The judgment emphasised the importance of considering both direct and indirect contributions, including homemaking and parenting, when assessing the overall contributions of each party. Furthermore, the Court took into account the future earning capacity and financial requirements of Mr. and Mrs. Newton to ensure a just and equitable outcome.
The Court made orders for the division of the matrimonial assets, including specific provisions for the treatment of the superannuation interests, reflecting the findings on contributions and future needs.
Orders
Orders of the court
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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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