16 Sept 2011
HALE V HALE HC HAM CIV-2011-419-34
- Citation
- openlaw-bca37454_5cbd_4c83_9578_873396026e4e.pdf
- Court
- High Court
1988 bonus shares issued to the husband were capital returns derived from separate company profits and remained his separate property; the 1988 funds used to build the sharemilker's cottage were an advance/loan repaid and no material causal link was established between any relationship property application or spouse's actions and the large increase in the value of the husband's company shares (s 9A(1) and (2) not engaged); the BNZ term deposit remained a company asset and was not converted into relationship property absent formal company distribution or resolution; s 17 compensation was not j…