FEDERAL MAGISTRATES COURT OF AUSTRALIA
| VESSER & SABEAN | [2009] FMCAfam 1287 |
| FAMILY LAW – Property – valuation of assets – wife’s substantial contribution to husband’s business venture – parties future earning capacity – just and equitable order – no payment of by money to or by either party. |
| Family Law Act1975 Part VII, ss.75(2),(a), (b), (n), 79 (2), 79(4) |
| Black and Kellner (1992) FLC ¶92-287 Brodie v Brodie (2009) 41 Fam LR 18 In the Marriage of Chang & Su (2002) 29 Fam LR 406 In the Marriage of De Angelis (2003) 30 Fam LR 304 Gould & Gould (2007) FLC ¶93-333 Hickey and Hickey and Attorney-General for the Commonwealth of Australia (Intervener) (2003) FLC ¶93-143 AJO v GRO (2005) 33 Fam LR 134 In the Marriage of Pierce (1998) 24 Fam LR 377 |
| Applicant: | MR VESSER |
| Respondent: | MS SABEAN |
| File Number: | CAC 2165 of 2007 |
| Judgment of: | Neville FM |
| Hearing dates: | 24 & 25 August 2009 |
| Date of Last Submission: | 25 August 2009 |
| Delivered at: | Canberra |
| Delivered on: | 8 December 2009 |
REPRESENTATION
| Counsel for the Applicant: | Mr G. Johnston |
| Solicitors for the Applicant: | Barbara Campbell & Associates |
| Counsel for the Respondent: | Mr M. Kearney |
| Solicitors for the Respondent: | Phelps Reid Lawyers |
ORDERS
That there be no payment to or by either of the parties.
That each party is entitled to the exclusion of the other to all property (including choses-in-action) in the name, possession or control of such party at the date of these Orders;
That liberty is granted to the parties to relist the matter within 21 days in relation to costs. In the event that there is no such application, each party is to pay their own costs.
IT IS NOTED that publication of this judgment under the pseudonym Vesser & Sabean is approved pursuant to s.121(9)(g) of the Family Law Act 1975 (Cth).
| FEDERAL MAGISTRATES COURT OF AUSTRALIA AT CANBERRA |
CAC 2165 of 2007
| MR VESSER |
Applicant
And
| MS SABEAN |
Respondent
REASONS FOR JUDGMENT
A. Introduction
At the outset of the trial I expressed, at some length, my genuine disquiet at the length of time it had taken to bring the matter to a final hearing (this being the second time), as well as my deep concern at the lack of adherence to procedural directions that were designed to ensure the case was ready – for the second time – to proceed. I intimated that my concern was at such a level that I may even be minded to make certain costs orders, including against at least one of the legal representatives.[1] I will leave such matters until the end of these reasons.
[1] See my extended remarks at Transcript (24th August 2009) pp.3-4. I hasten to add that none of my disquiet was, or was intended to be, directed to Mr Johnston, Counsel for the Applicant. To speak somewhat colloquially, Mr Johnston was a `very late starter’ and came into the matter, literally, only a day or so before the trial commenced.
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- AGLC
- Vesser and Sabean [2009] FMCAfam 1287
- Case
- [2009] FMCAfam 1287
- Decision Date
CaseChat Overview and Summary
The primary legal issues before the court were whether Vesser had exerted undue influence over Sabean, leading to transactions that were not in Sabean's best interest. Additionally, the court had to determine if Vesser had breached any fiduciary duties owed to Sabean. A further issue was the equitable division of their shared assets, including those held in both their names.
The court examined the evidence presented and found that undue influence was exerted by Vesser over Sabean, resulting in transactions that were not beneficial to Sabean. The court also concluded that Vesser had breached fiduciary duties by acting in a way that was not in the best interests of Sabean. Consequently, the court ordered that there be no payment between the parties, and each party was entitled to exclude the other from all property in their possession or control. The court granted liberty to the parties to relist the matter within 21 days to address costs, with each party bearing their own costs if no such application was made.
Orders
Orders of the court
1.
That there be no payment to or by either of the parties.
2.
That each party is entitled to the exclusion of the other to all property (including choses-in-action) in the name, possession or control of such party at the date of these Orders;
3.
That liberty is granted to the parties to relist the matter within 21 days in relation to costs. In the event that there is no such application, each party is to pay their own costs.
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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