In a family property trial arising from a short second marriage, the court addressed equalization and the applicant's claimed interest in a jointly held matrimonial home.
The central dispute concerned large insurance and sale proceeds received by the applicant shortly before marriage, most of which were unexplained by valuation day.
Applying the unconscionability analysis under s. 5(6) of the Family Law Act, the court imputed $96,000 in cash assets to the applicant, adjusted the valuation approach to the matrimonial home, and reduced the amount otherwise payable to her.
The respondent was ordered to pay $27,011 within 45 days to satisfy the applicant's interest, failing which the home would be sold, and the respondent received $5,000 in partial indemnity costs.