Sentences with phrase «pay equalization payments»

The court of first instance ordered the husband to pay an equalization payment.

Not exact matches

It's too bad we couldn't get our oil to the refinery on the east coast, so they wouldn't have to import so much product from Saudi Arabia... Alberta's frustrations... blocked from both directions... stuck... land locked... after years of paying billions of dollars in equalization payments to help the rest of Canada.

A paying spouse can also borrow money from family and friends or take out a line of credit to make an equalization payment.

The right to an equalization payment does not permit a recipient spouse to force the sale or transfer of a specific property if the paying party can make the payment by some other means.

Even if the contract had allowed the husband to avoid any equalization payment, a court would likely have awarded the wife support in an amount totalling what the husband eventually paid her by way of settlement.

This was a motion for security for costs of the appeal, on the grounds that the wife's appeal of a spousal support and equalization payment order was frivolous and vexatious and that the wife had insufficient assets in Ontario to pay the costs of the appeal.

The appellant husband argued that (1) the trial judge erred in how he ordered the equalization payment to be paid; and (2) this error led the trial judge to make a further error with respect to his costs award, as it resulted in the trial judge failing to properly assess the reasonableness of the appellant husband's offers to settle.

about the impact that a paying spouse's bankruptcy has on the recipient spouse's entitlement to nonetheless receive either child / spousal support, or an equalization payment as part of a separation or divorce.

Note that this outcome pertains to unpaid equalization payments only, which readers will know is the amount that spouses must pay to each other in order to equalize their respective Net Family Property as part of their division of assets.

If one separated or divorced spouse is obliged, by agreement or court order, to pay the other spouse an equalization payment, there are various enforcement mechanisms that can be brought into play if he or she does not do so.

The equalization payment was therefore «swept into the bankruptcy» and the husband was released from his obligation to pay it upon his discharge.

The court below found that, because the arbitrator had directed the equalization payment to be paid from the husband's share of the proceeds of sale, the award created an equitable trust in favour of the wife over the husband's share of the net proceeds of sale, in priority to other creditors.