22 Feb 2021
The court accepted the parties' joint memorandum as a consent application under s55 and, being satisfied the settlement met the criteria of s95(3), approved the settlement: the value of the benefit and maximum recoverable amount were fixed at $20,000 and a payment of $20,000 to the Official Assignee within three months was ordered, with ancillary undertakings recorded.
2 Feb 2016
On the balance of probabilities the Court found Mrs Musson and Mrs Hammill knowingly (including by wilful blindness) benefited from Mr Musson's significant criminal activity; accepted the Commissioner's valuations (benefit to Mussons $795,958; to Hammill $99,907.70) subject to allowed deductions; determined Hammill's equitable interest in 40 Breens Road at 23.5% of equity (based on contribution), calculated maximum recoverable amounts under s54 (deducting prior assets/profit forfeitures and the $5,000 assets forfeiture), found undue hardship relief under s56 not established, and accordingly m…