FAMILY LAW – APPEAL – PROPERTY– where the trial Judge divided identifiable property found to have a net value of $1,541,792 together with an amount of $500,000 being his assessment of the value of the husband’s beneficial half interest in a company, in which all shares were held by the husband’s brother, as to 56 per cent to the husband and 44 per cent to the wife – where the Full Court found there was no substance in the challenges by the husband to the trial Judge’s findings that there had been non disclosure by the husband, particularly in relation to the husband’s interest in the company owned by his brother and to the value of that interest, and that the husband had wasted funds by permitting himself to be declared bankrupt and in pursuing proceedings in the District Court against the wife in relation to a debt owed by her to a company in which both the husband and the wife were shareholders – where the Full Court found error in the trial Judge’s calculation of the amount of the funds wasted by the husband in pursuing the District Court proceedings against the wife and recalculated the parties’ entitlements to correct that error –appeal allowed –orders amended – no order for costs – certificates issued to both parties.
NOTE: The period for seeking special leave to appeal to the High Court has not expired.