1 Oct 2021
BARTLEY BLAKE v MAYSIE BLAKE [2021] NZHC 2590
- Citation
- [2021] NZFLR 696
- Court
- High Court
Income-generating capacity reflected in capitalised share values is neutral between parties for s15, but where a key person discount has been applied that reduces share value, the personal earning capacity (personal goodwill) excluded by that discount is not shared and may be taken into account in an economic disparity assessment; on the facts the Court set aside the Family Court s15 order and ordered a compensatory sum to be quantified on the basis of an adjusted post-tax annual income figure of NZD 400,000 for Mr Blake (reflecting realistic short/medium term earnings and health constraints)…