The applicant husband and respondent wife built a real estate corporate empire during their marriage.
Following their separation, the wife claimed her mother beneficially owned the subject corporations and relied on a 2007 marriage contract to exclude the assets from net family property.
The court found the husband was the beneficial owner of four of the corporations and a 50% owner of the fifth, determining the mother was merely a nominee.
The court also set aside the marriage contract, finding the parties had abandoned it by mutual agreement in 2008.
The wife's post-separation actions to seize control of the corporations were found to be oppressive under the Business Corporations Act.
