The applicant brought a motion to continue an ex parte FLA Preservation Order against her former spouse and a Mareva Order against his family members and corporate affiliates.
The applicant alleged that the respondent spouse had dissipated tens of millions of dollars from the sale of a business to defeat her equalization claim.
The court found a serious issue to be tried and continued the FLA Preservation Order against the respondent spouse to prevent further depletion of his remaining assets.
However, the court dissolved the Mareva Order against the family members and affiliates, finding no demonstrated risk that they would remove or dissipate the assets from the jurisdiction.
