VAIL & VAIL

This matter came before Henderson J concerning disputes between the applicant wife and the respondent husband. The proceedings involved significant financial matters, including spousal maintenance, school fees, mortgage payments, and the management and disclosure of various assets and entities. The court's orders addressed interim arrangements and disclosure obligations pending further proceedings.

The court was required to determine the terms of interim spousal maintenance, the payment of school fees, and the husband's obligations regarding mortgage payments on specified properties. Crucially, the court also had to consider the preservation of assets and the extent of financial disclosure required from the husband, particularly concerning a group of companies and trusts known as the "Vail Group." Injunctions were sought and granted to restrain the husband from dealing with assets in a manner that could prejudice the wife's interests.

Henderson J made orders by consent regarding spousal maintenance, requiring the husband to pay $10,000 per month to the wife. The husband was also ordered to pay the children's school fees and the mortgages on three properties. Extensive injunctions were imposed on the husband, restraining him from disposing of, encumbering, or otherwise dealing with assets of the Vail Group and other properties, except in the ordinary course of business and with the wife's written consent in certain circumstances. The court also mandated significant disclosure from the husband, requiring him to provide tax returns, bank statements, financial statements for various companies and trusts, and details regarding specific government payments and credit card liabilities. The matter was adjourned for an interim hearing to address outstanding issues after the husband filed his required material.