As reported today in the Sydney Morning Herald, it seems that Brian Myerson has paid a significant price for his philandering ways. He took the ‘box’ rather than the ‘money’ only to find the shares contained in the box became worthless.
This underlines the need to carefully consider the structure of property settlements. At any time, not just during a global financial crisis, cash, where possible, is king.
Interesting statistics relating to outcomes in shared care aplications have been reported by Gavin Howard* in the Autumn edition of the Australian Family Lawyer.
He concludes “that in most cases a lack of willingness or ability to co-operate or communicate will prove fatal to a shared care application.”
* In-House Counsel for Farrar, Gesini & Dunn
I wonder what A.R. Tayson would say about maternity leave?
As a family lawyer with over 26 years experience, Don gives his insight on family law news, issues and procedures.
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