Parsons v Storm [2009] NSWCA 288

Parsons v Storm [2009] NSWCA 288

No error was shown in the trial judge’s exercise of discretion in refusing to adjust the parties’ interests; both parties used proceeds from jointly held property to acquire their own assets, each benefitting accordingly, and it was just and equitable that both retain those benefits. Awarding interest from the time the respondent was kept out of her money was warranted, given both parties contributed to the delay.

Jurisdiction
Australia
Judgment Date
16 September 2009
Procedural Posture
Appeal / Judgment
Outcome
Appeal dismissed with costs
Legal Topics
['de Facto Relationships' 'property Adjustment' 'interest on Judgment' 'equal Contributions' 'discretion Under Property (relationships) Act 1984']

Case Brief

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Procedural Posture

Appeal / Judgment

  1. 1 ['Whether the trial judge erred in refusing to adjust interests in property between the parties under s 20 of the Property (Relationships) Act 1984' 'Whether the trial judge erred in including interest in the judgment amount']

Ratio Decidendi

No error was shown in the trial judge’s exercise of discretion in refusing to adjust the parties’ interests; both parties used proceeds from jointly held property to acquire their own assets, each benefitting accordingly, and it was just and equitable that both retain those benefits. Awarding interest from the time the respondent was kept out of her money was warranted, given both parties contributed to the delay.

Court Disposition

Appeal dismissed with costs

Orders

  • ['Appeal dismissed' "Appellant to pay respondent's costs"]