The applicant spouse brought a motion seeking interim spousal support, a substantial advance on equalization, interpretation of a prior order regarding dividend payments, and a finding that the respondent breached an earlier court order.
The court applied the test for advances on equalization and held that the applicant failed to demonstrate both a reasonable need for additional funds and a minimum equalization entitlement capable of supporting the requested advance.
The court imputed the respondent’s income at $463,000 and ordered interim spousal support of $20,000 per month retroactive to separation.
The court also interpreted a prior order requiring continuation of historical payments to include a $4,000 monthly dividend payment and ordered arrears to be paid, but declined to impose penalties for breach.
