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Publications on this website are provided as a service to clients, colleagues, and others for general information only. This information is not designed to provide legal or other advice or create a lawyer-client relationship. You should not take, or refrain from taking action based on its content.

Financial agreements - is my agreement binding?

On 8 November 2017 the High Court of Australia handed down a decision in the case of Thorne v Kennedy. The High Court set aside two financial agreements for unconscionable conduct and undue influence, which has caused some unease amongst the legal fraternity. What does this really mean though? Facts The facts surrounding this case are this: Ms Thorne, a 36 year old eastern European woman who was living in the Middle East with minimal assets met Mr Kennedy a 67 year old wealthy property developer online in 2006. Mr Kennedy’s net worth was estimated between $18 - $24 million. He was divorced with 3 adult children. Mr Kennedy travelled to meet Ms Thorne shortly after he met her online, but insi

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