Christine Hamilton Thompson v Michael Leith Thompson - SC 50/2014

A The application for leave to appeal is granted (Thompson v Thompson [2014] NZCA 117).
B The approved question is whether the Court of Appeal was right to find that the sum received by the respondent for giving the restraint of trade covenant:
(a) was not relationship property under s 8(1)(e) or s 8(1)(l) of the Property (Relationships) Act 1976; and, in the alternative,
(b) should not be treated
5 August 2014
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A The appeal is allowed and the judgment of the Court of Appeal is set aside.
B The $8 million restraint of trade payment received by Mr Thompson is declared to be relationship property.
C The case is remitted to the Family Court for the making of such orders as may be necessary to give effect to the declaration.
D The appellant is awarded costs of $25,000 together with disbursements to be fixed by the Registrar in respect of the appeal to this Court and costs and disbursements in respect of the proceedings in the Family Court, High Court and Court of Appeal to be fixed by those Courts.
13 March 2015