22 Nov 2017
SHAILER v SHAILER [2017] NZHC 2871
- Citation
- [2017] NZHC 2871
- Court
- High Court
The appeal was dismissed: the High Court held that s 33(4) grants a wide discretionary power to award interest not strictly confined to capital preservation or inflation compensation; despite partnership income being credited during separation, the factual realities (respondent being out of her capital, need to re-establish, expectation husband would acquire the farm and significant house price increases) justified an award of interest at 5% from 7 May 2013 on the agreed settlement sum (with appropriate deductions).