The parties separated after a 20-year marriage.
The applicant husband claimed he had no assets, lived on loans from friends, and sought an unequal division of net family property in his favour.
The respondent wife claimed a resulting trust in the matrimonial home, equalization, and support, alleging the husband hid assets and income.
The court found the husband failed to make full and frank disclosure, hid foreign assets, and received substantial undisclosed income and gifts.
The court granted the wife a resulting trust in the matrimonial home, imputed an annual income of $349,544 to the husband, awarded the wife a lump sum spousal support payment of $434,784, and ordered the net proceeds of the matrimonial home be paid to her in satisfaction of her claims.
