Ruane & Bachmann-Ruane

The Full Court of the Family Court of Australia considered an appeal concerning the enforceability of a financial agreement made between the parties, Mr. Ruane and Ms. Bachmann-Ruane, on 20 October 2008. The primary dispute revolved around whether this agreement, purportedly made under Part VIIIA of the *Family Law Act 1975* (Cth), was binding on the parties.

The central legal issue before the Full Court was whether the financial agreement dated 20 October 2008 was binding within the meaning of Part VIIIA of the *Family Law Act 1975* (Cth). This required the Court to determine if the agreement met the statutory requirements for validity and enforceability under that Part.

Cronin J, delivering the judgment of the Full Court, found that the financial agreement was not binding. The Court's reasoning, though not detailed in the provided extract, led to the conclusion that the agreement failed to satisfy the conditions stipulated in Part VIIIA of the *Family Law Act 1975* (Cth) for it to be considered a binding financial agreement.

Consequently, the Full Court ordered that for the purposes of Part VIIIA of the *Family Law Act 1975* (Cth), the financial agreement between the parties dated 20 October 2008 is not binding.