Hi,
I have a question about having a binding financial agreement set aside.
My husband and I have been separated since 2011 and have a binding financial agreement leaning financially in his favour. He failed to disclose the value of the internet marketing company he/we own and entered nil or nominal as the value, and I recently discovered that he was to sell the company to a publicly listed company for $500,000. He threatened me to sign the agreement by stating that he would bankrupt the company if I tried to go for half.
I am now on a low income pension after being a stay at home Mum while we were together, while my husband and new girlfriend are living off the substantial income from the company I helped grow whilst allowing my husband to work on the business while I stayed home to raise our Son.
Are either of the above circumstances grounds under Family Law for the binding financial agreement to be set aside?
Thank you.
I have a question about having a binding financial agreement set aside.
My husband and I have been separated since 2011 and have a binding financial agreement leaning financially in his favour. He failed to disclose the value of the internet marketing company he/we own and entered nil or nominal as the value, and I recently discovered that he was to sell the company to a publicly listed company for $500,000. He threatened me to sign the agreement by stating that he would bankrupt the company if I tried to go for half.
I am now on a low income pension after being a stay at home Mum while we were together, while my husband and new girlfriend are living off the substantial income from the company I helped grow whilst allowing my husband to work on the business while I stayed home to raise our Son.
Are either of the above circumstances grounds under Family Law for the binding financial agreement to be set aside?
Thank you.