12 Apr 2021
BLAKE v BLAKE [2021] NZHC 756
- Citation
- [2021] NZHC 756
- Court
- High Court
On the evidence the Family Court's valuation approach and assigned multiple (5.5) for SCL was available and not wrong, with adjustments to reflect equity rather than enterprise value and agreed cash adjustments; s 9A(1) did not apply but s 9A(2) required equal sharing of the increase in value subject to deduction for separate property at marriage, resulting in a 50/50 division after deduction of $3.5m for pre-marriage separate property; the sale of shares to JBT engaged remedies under s 44/s 18C and compensation was ordered by treating HML as if it retained 100% for valuation purposes and adj…