11 Dec 2017
SCOTT v WILLIAMS [2017] NZSC 185
- Citation
- [2017] NZSC 185
- Court
- Supreme Court
The Supreme Court restored the Family Court vesting order and Family Court valuation of the law practice (appellant's share $225,000), held the High Court and Court of Appeal were wrong to order sale based on passive post-hearing gains without a valuation-date adjustment, concluded the capitalisation of super-profits methodology with an appropriate multiple was valid in the circumstances, and adjusted the s 15 award to $520,000 (appeal allowed in part; cross-appeal dismissed); costs awarded to appellant $25,000.