K. v K

• Jurisdiction: Ireland
• Judgment Date: 01 January 1980
• Date: 01 January 1980
• Court: High Court

(H.C.)

K

and

K

Wife's application for declaration of interest - Leasehold interests -Family home in sole name of defendant husband - Plaintiff wife making no initial contribution to purchase - Contribution by working after marriage - Retail jewellery business - Equal50% shares - No specific dividend or salary - Profits applied to maintenance of family -Business contributed to family budget - Business failing - Family home loans discharged - Proportion by each party - Original cost of acquisition - Mortgage outstanding - Plaintiff paying 28% and defendant 72% - Hardware lock-up shop - Sale of leasehold interests - Rents payable - Beneficial interest 50% - Married Women's Status Act, 1957 (No. 5), s. 12.

The parties were married in September, 1968, and immediately purchased a family home at a cost of £4,500. The defendant provided initially £2,000 by means of two separate loans and raised a mortgage with Royal Liver Friendly Society for the remaining...