MAN ORDERED TO PAY FORMER WIFE $340,000

NASSAU, Bahamas — The Court of Appeal has ordered a man to pay his former wife over a quarter of a million dollars within the next two months or risk the 3,000 shares he holds in his $1.1 million investment company being sold at public auction to satisfy the court order, The Tribune reported on July 9.

Former appellate President Dame Anita Allen, and fellow Justices Jon Isaacs and Stella Crane-Scott, ordered Sean Collie to pay Aneka Collie $340,000 by September 18, otherwise the 3/5th shares he holds would be auctioned off by the Registrar of the Supreme Court.

To ensure that he obeys the order, the appellate judges affirmed a former chief justice’s order that Mr Collie’s shares be held as security for the payment, and that he be prohibited from exercising his powers as a majority shareholder and director of his investment company to cause it to “sell, encumber or otherwise transfer” its assets—one of which is the matrimonial home where his former wife still resides, to any other person without prior leave of the court. http://www.tribune242.com/news/2018/jul/10/man-ordered-pay-former-wife-340000/