AA v BA
A fair outcome requires sale of the family home with wife to receive net proceeds plus lump sum to meet housing need, division of pensions to equalize income at husband's age 62, retention of husband's shares with structured sharing on sale, add-back of £150,000 for husband's dissipation, and spousal maintenance at £4,000 per month (CPI linked) until husband's 62nd birthday, with further provisions for bonuses and dividends, reflecting both parties' needs, earning capacities, and contributions.
- Parties
- Husband: AA; Wife: BA
- Jurisdiction
- England and Wales
- Judgment Date
- 23 October 2018
- Procedural Posture
- Financial Remedy Proceedings (divorce) / Final Judgment
- Outcome
- Financial remedy order granted as per judgment terms.
- Legal Topics
- Financial Remedies, Ancillary Relief, Division of Assets, Spousal Maintenance, Pension Sharing, Add Back of Dissipated Assets
Case Brief
Summary, issues, holding and outcome
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Parties
AA
Husband
BA
Wife
Procedural Posture
Financial Remedy Proceedings (divorce) / Final Judgment
Legal Issues
- 1 Appropriate division of matrimonial assets including shares, pensions, and real property
- 2 Assessment of spousal maintenance and term
- 3 Application of 'add-back' for dissipated assets
Ratio Decidendi
A fair outcome requires sale of the family home with wife to receive net proceeds plus lump sum to meet housing need, division of pensions to equalize income at husband's age 62, retention of husband's shares with structured sharing on sale, add-back of £150,000 for husband's dissipation, and spousal maintenance at £4,000 per month (CPI linked) until husband's 62nd birthday, with further provisions for bonuses and dividends, reflecting both parties' needs, earning capacities, and contributions.
Court Disposition
Financial remedy order granted as per judgment terms.
Orders
- Immediate sale of family home; wife to receive net proceeds.
- Husband to pay lump sum to wife to ensure she receives £450,000 for housing if proceeds plus her assets are less than this amount.
Full Case Text
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