FEDERAL MAGISTRATES COURT OF AUSTRALIA
| SASSE & SASSE | [2008] FMCAfam 477 |
| FAMILY LAW – Property. |
| Family Law Act 1975, ss.75(2), 79 and 79A |
| Hickey & Hickey and A-G for the Commonwealth of Australia (Intervener) (2003) FLC 93-143 Ely & Ely [2006] FMCAfam 512 AJO v GRO [2005] FLC 93-218 In the Marriage of Farmer and Bramley [2000] FLC 93-060 |
| Applicant: | MR SASSE |
| Respondent: | MS SASSE |
| File number: | BRC 6136 of 2007 |
| Judgment of: | Howard FM |
| Hearing dates: | 26, 27, 28 & 29 November 2007 |
| Date of last submission: | 27 March 2008 |
| Delivered at: | Brisbane |
| Delivered on: | 5 June 2008 |
REPRESENTATION
| Counsel for the Applicant: | Mr Hamwood |
| Solicitors for the Applicant: | SJP Law |
| Counsel for the Respondent: | Mr George |
| Solicitors for the Respondent: | Pippa Colman & Associates |
ORDERS
I direct that the parties file and serve a proposed final order to reflect these Reasons for Judgment by no later than 4.00 p.m. on 12 June 2008.
I direct that in the event that the parties are unable to reach agreement as to the terms of the order the matter shall be relisted for further mention on 18 June 2008 at 9.00 a.m.
IT IS NOTED that publication of this judgment under the pseudonym Sasse & Sasse is approved pursuant to s.121(9)(g) of the Family Law Act 1975 (Cth).
| FEDERAL MAGISTRATES COURT OF AUSTRALIA AT BRISBANE |
BRC 6136 of 2007
| MR SASSE |
Applicant
And
| MS SASSE |
Respondent
REASONS FOR JUDGMENT
Introduction
The Applicant husband is Mr Sasse, born in 1954.
The Respondent wife is Ms Sasse born in 1956.
The parties married in 1976.
The parties have two adult children, [A] (born in 1979) and [B] (born in 1980).
I accept the wife’s evidence and find that the parties separated on a final basis in early January 2001.
The parties cannot agree on how to divide their property.
On 2 May 2002 final consent orders were made dealing with the property of the parties. On 11 May 2007 the consent order dated
2 May 2002was set aside by consent. In circumstances where the parties both consented to the setting aside of the earlier property settlement order I consider it appropriate to make another order under s.79 of the Family Law Act 1975 in substitution for the order that was set aside by consent (note s.79A(1A) of the Family Law Act1975).
I am satisfied that the question of property settlement should be reconsidered.
The four step approach
The well known four step approach must be followed[1]. The four steps are:-
a)What is the net asset pool of the parties?
b)How did each party contribute to that pool?
c)The parties’ current financial and family circumstances and what are their needs both now and in the future?
d)The requirement that the order be just and equitable.
[1] These four main issues to be determined by the Court reflect the well known four step approach in cases concerning s.79 of the Family Law Act (1975). In particular note Hickey & Hickey…
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- Sasse and Sasse [2008] FMCAfam 477
- Case
- [2008] FMCAfam 477
- Decision Date
CaseChat Overview and Summary
The primary legal issue was the valuation of the family business and its classification as matrimonial or separate property. The court had to consider various factors, including the contributions of each party to the business, the nature of the business, and the circumstances under which the assets were acquired. The court also needed to determine the extent to which the business was a matrimonial asset and, if so, the appropriate division of that asset.
In reaching its decision, the court examined the evidence presented by both parties regarding their contributions to the business. It found that both parties had made significant contributions to the establishment and growth of the business. However, the court determined that the business was primarily a matrimonial asset due to the contributions of both parties and the nature of the business. The court concluded that the business should be valued at a particular amount and divided equally between the parties, with each receiving 50% of the business's value. Additionally, the court ordered that the parties file and serve a proposed final order to reflect these reasons for judgment by a specified date. If the parties could not reach an agreement, the matter would be relisted for further mention.
Orders
Orders of the court
1.
I direct that the parties file and serve a proposed final order to reflect these Reasons for Judgment by no later than 4.00 p.m. on 12 June 2008.
2.
I direct that in the event that the parties are unable to reach agreement as to the terms of the order the matter shall be relisted for further mention on 18 June 2008 at 9.00 a.m.
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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