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Binding Financial Agreements - Stairway to Heaven or Gateway to Hell?


The purpose of this seminar is twofold: to provide an introduction to the current requirements for binding financial agreements, and to examine briefly the Full Court's recent decision in Kostres & Kostres [2009] FLC ¶93-420, which casts an unnerving shadow over the reliability of financial agreements under the FLA.

Presented by: 
Mark MacDiarmid Coleman & Greig on Monday 31 May 2010.

Mark MacDiarmid was admitted as a solicitor in 1989 after graduating with degrees in Arts and Law from the University of Sydney. For the first ten or so years of his career, Mark worked in the Sydney CBD, at various times combining family law, commercial litigation (including a long running Trade Practices Act dispute between two newspapers), general commercial work and the provision of ASX and ASIC compliance advice to listed corporations.

In 2001 he left his then position as a Director of national law firm Gadens Lawyers, and moved to the Blue Mountains where he became Principal Solicitor at Elizabeth Evatt Community Legal Centre, a non-government organisation that predominantly provided family law advice across the Bathurst, Oberon, Mudgee, Greater Lithgow and Blue Mountains regions.

In addition to his strong credentials in family and commercial law, Mark holds a Postgraduate Diploma of Psychology from Charles Sturt University, and has taught interpersonal skills to a variety of groups including lawyers, community welfare students, and special needs teachers.

His recent published journal articles have focussed on Binding Financial Agreements, family dispute resolution and human rights law.

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