I note that, although the parties purchased subsequent properties using, in part, income derived from the Shirley Road property, the properties were either held jointly or in the sole name of the respondent. (macleanfamilylaw.ca)
5) Allow bankruptcy judges to substitute a portion of foreclosed mortgage obligations with equivalent claims on subsequent property appreciation. (hussmanfunds.com)
Admittedly, there's been some mitigation since, via subsequent property sales (see Note 12) & a recent equity & bond issuance — but I certainly didn't expect SRE's leverage to march steadily higher!? (wexboy.wordpress.com)