First of all, many, many thanks to
@scantysandwich and
@kingseven for their creative contributions to the thread today, without which I would be a lot more stressed out.
My take on the latest court filing is that Ioan has been needing money for a while, but Alice wouldn't agree to distributions out of the blocked account without monthly ongoing payments to her. So, she's getting $7,000 per month in interim spousal support and $3,000 per month in interim child support (trust Alice to demand more than twice what her children get). However, the court order seems to say that the remainder of the blocked account (whatever the balance is, less $150,000) will now be distributed to Ioan, which I'm sure is quite a relief for him.
However, do not be fooled by the large interim payments to Alice. Those are all subject to reallocation and reimbursement later on, at the conclusion of the financial trial. Recall that in the Statement of Disputed Issues, the amount of monthly spousal support to which Alice is entitled is much less than what she is temporarily receiving. This means that she will have to repay the overpayment of support (likely by being awarded less, at the conclusion of the trial, until the overage is paid off).
Here's what the Statement of Disputed Issues said about the amount that Ioan owes Alice in spousal support, per the prenup ("PMA" - premarital agreement):
Ioan owes Alice "annual spousal support in the amount of 10% of his baseline average annual adjusted gross earnings for the 3 years (2018-2020) prior to separation, as defined in the PMA, unless his income decreases by more than 20%, in which case, Petitioner [Ioan] pays Respondent [Alice] annual spousal support of 10% of his actual adjusted annual gross earnings."
Ioan's baseline average annual adjusted gross earnings are $588,134, so baseline spousal support is $58,813/year. [$4,901/month]
In 2021, Ioan's annual spousal support obligation to Alice was $58,813 (earnings in 2021 of $487,581). [$4,901/month]
In 2022, Ioan's annual spousal support obligation to Alice was $5,260 (earnings in 2022 of $52,600). [$438.33/month]
In 2023, Ioan's annual spousal support obligation to Alice for 2023 is $16,290 (earnings in 2023 of $162,900). [$1,357.50/month]
Even Alice can do this math. $7,000 per month is a HUGE overpayment for spousal support. And most of it will be going to rent for that unnecessarily expensive apartment. Alice is going to be paying a big chunk of that temporary spousal support back to Ioan.
fisd.westminster.gov.uk
