Read the full judgment text of FCMC 014165/2007 on BabelCite. This Family Court judgment was delivered on 14 January 2010 before Her Honour Judge Sharon D. Melloy.
Matrimonial proceedings – ancillary relief – setting aside disposition – valuable consideration – good faith – maintenance – costs – Wife applied to set aside husband's sale of shares to business partner – Court found sale for valuable consideration and partner acted in good faith – Application dismissed – Matrimonial assets limited – Maintenance awarded based on need and sharing principles – Costs order: no order
Legal issues: Setting aside disposition · Matrimonial assets · Division of assets · Maintenance · Costs
Outcome: Application to set aside transfer dismissed; Ancillary relief granted; No order as to costs