18 Mar 2026
“The Family Court was misled by my husband’s undervalued assets.” Which case won?
A case heard in 2014 and appealed in 2016 concerned a claim by an ex-wife that the property settlement following her divorce from her ex-husband was calculated on the basis of undervalued assets and should be set aside.
A couple moved in together in 1992 and married in 1997, but ultimately separated and were divorced in 2005. In July 2005, they reached an agreement on how to divide their property and jointly applied for consent orders, which were made by the Family Court.
The consent orders provided that the wife would receive payment of $185,000 and the title to one property (property V), while the husband would receive the title to two properties (property D and property T) and shares in an unprofitable business.
