The court reconsidered an equalization payment of $66,200 owed by the wife to the husband, following an initial judgment and addendum.
The reconsideration focused on whether equalizing net family properties would be unconscionable under sections 5(6)(e) and (h) of the Family Law Act, particularly given the short marriage duration (three years), the wife's non-financial contributions, and the market-driven appreciation of her Sri Lankan properties.
The court found that ordering the original payment would be unconscionable under s. 5(6)(e) due to the disproportionately large amount relative to the cohabitation period and the nature of the asset appreciation.
However, the court was not persuaded that the impact of the COVID-19 pandemic met the high evidentiary onus for unconscionability under s. 5(6)(h).
Consequently, the equalization payment was reduced from $66,200 to $9,500, reflecting a prorated amount based on the cohabitation period and the wife's contributions.