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Court of Appeal allows appeal from High Court, and sets aside an order requiring a husband to pay €10,000 net per month in maintenance to his wife post-retirement, deeming it disproportionate due to a lack of evidence that the husband would have sufficient employment-related income post-retirement. The court upheld the roughly equal division of assets between the parties, including property transfers and pension adjustments, as proper provision. Additionally, the court directed an amendment to the High Court order to include mutual blocking orders, in circumstances where the failure to include such orders appeared to be an error.
Divorce proceedings, maintenance payments, retirement, equal division of assets, property transfer, pension adjustment, blocking orders, s.18(10) of the 1996 Act, s.16(2) of the 1995 Act, proper provision, Court of Appeal, financial resources, earning capacity, standard of living, matrimonial assets, shareholdings, pension schemes, Isle of Man Pension, Irish Pension, clean break principle, judicial discretion.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
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