FAMILY COURT OF AUSTRALIA
| PHIPSON & PAICE | [2021] FamCA 382 |
| FAMILY LAW – PROPERTY – Where it is just and equitable to make a property division order – Where the parties generally agree that an adjustment to their interests should be effected in a manner which favours the wife but dispute the magnitude of such adjustment and other matters relevant to the fairness of each of their respective proposals – Where the central matters in dispute between the parties relate to the inclusion of the wife’s business as an asset in her hands, whether the former matrimonial property should be treated as an asset wholly owned by the husband and whether sums previously received by the wife should be characterised as partial property settlement payments – Where there is also a dispute about the inclusion of a liability associated with repairing the former matrimonial property, and the value of certain other assets – Where in all of the circumstances, including financial and non-financial contributions made by the parties, the length of the marriage, the size of the pool of assets for distribution and s 75(2) factors, the Court is satisfied that orders that would give effect to the wife receiving a 70 per cent entitlement of the parties’ net assets and the husband receiving 30 per cent are just and equitable – Orders made as sought by the wife with the appropriate adjustments. |
| Family Law Act 1975 (Cth) ss 75, 79, 90AE |
| Bevan & Bevan [2013] FamCAFC 116 Pierce & Pierce [1998] FamCA 74 Stanford v Stanford (2012) 247 CLR 108 Weir & Weir (1993) FLC 92-338 Williams & Williams [2007] FamCA 313 |
| APPLICANT: | Ms Paice |
| RESPONDENT: | Mr Phipson |
| FILE NUMBER: | PAC | 2724 | of | 2016 |
| DATE DELIVERED: | 9 June 2021 |
| PLACE DELIVERED: | Parramatta |
| PLACE HEARD: | Parramatta |
| JUDGMENT OF: | Hannam J |
| HEARING DATE: | 7 – 9 September 2020 |
REPRESENTATION
| COUNSEL FOR THE APPLICANT: | Mr Bennet |
| SOLICITOR FOR THE APPLICANT: | Coleman & Greig Lawyers |
| COUNSEL FOR THE RESPONDENT: |
| SOLICITOR FOR THE RESPONDENT: | Self Represented |
Orders
Within 42 days of the date of these Orders, the Husband pay to the Wife the sum of $170,995 via the Coleman Greig Lawyers Pty Ltd Law Practice Trust Account BSB: … A/C: ….
Within 21 days of any non-compliance with Order (1) above, the Husband do all acts and things and sign all documents necessary to place on the market for sale by auction the property situated at and known as C Street, Suburb D in the state of New South Wales (Folio Identifier …) ("the Suburb D Property") as follows:
(a)Instruct B Conveyancing in Suburb E, or a solicitor/conveyancer agreed between the parties in writing, to have conduct of the sale:
(b)Instruct F Real Estate in Suburb G, or a real estate agent agreed between the parties in writing, to act as real estate agent for the sale of the Suburb D property;
(c)Instruct Mr H, to conduct the auction of the Suburb D property unless otherwise agreed between the parties in writing;
(d)The reserve…
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- AGLC
- PHIPSON & PAICE [2021] FamCA 382
- Case
- [2021] FamCA 382
- Decision Date
CaseChat Overview and Summary
The central legal issues before the court were the inclusion of the wife's business as an asset, whether the former matrimonial property should be treated as wholly owned by the husband, and how to characterise sums previously paid to the wife. Additionally, the court had to determine disputes concerning a liability for repairs to the former matrimonial property and the valuation of other assets. The court was required to consider the financial and non-financial contributions of each party, the length of the marriage, the size of the asset pool, and the factors outlined in section 75(2) of the *Family Law Act 1975* (Cth) to determine what orders would be just and equitable.
The court reasoned that a property adjustment favouring the wife was warranted, taking into account all relevant circumstances. It found that an entitlement of 70% of the net assets for the wife and 30% for the husband was just and equitable. This determination was informed by the parties' respective contributions, the duration of their marriage, and the overall financial position. The court ultimately made orders reflecting the wife's proposed distribution, with appropriate adjustments to achieve the 70/30 split.
The court ordered the husband to pay the wife a sum of $170,995 within 42 days. Further orders detailed the process for the sale of the former matrimonial property located at C Street, Suburb D, New South Wales, should the husband fail to comply with the initial payment. These orders included provisions for the appointment of agents and conveyancers, the setting of a reserve price, and the husband's obligation to accept offers within a specified range. The wife was appointed as trustee for the sale of the property in certain circumstances, with the proceeds to be applied in a specific priority. The court also clarified the sole ownership of various assets and liabilities for each party, with the husband indemnifying the wife for his liabilities and vice versa.
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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