21 Dec 2021
BLAKE v BLAKE [2021] NZHC 3575
- Citation
- [2021] NZHC 3575
- Court
- High Court
The High Court applied the principle that income and value accretion of relationship property entities (HML and its subsidiaries) are neutral for s15 purposes and therefore assessed economic disparity by reference to Mr Blake's personal earning capacity excluding income attributable to relationship property, using a key person discount; it quantified the s15 award on an adjusted post-tax annual income of $400,000 and set interest regimes accordingly, while granting leave on specific appeal questions.