Former Today host Karl Stefanovic has cited an "irreconcilable breakdown" in his business relationship with his partner, Keshnee Ibrahim, as the New South Wales Supreme Court considers how to divide their shares in a podcast company. The pair, who jointly own 45% of the company that manages The Karl Stefanovic Show, have reached a point where their partnership is considered beyond repair, according to court proceedings. Ibrahim recently sought to delay a meeting scheduled for 18 September, fearing she might be removed as a director of the company. Justice David Hammerschlag presented two possible paths forward: either winding up the company with a liquidator determining its value, or Stefanovic purchasing Ibrahim’s shares. The podcast has been on hold since 24 August, following a controversial interview with de-aging expert Dr. David Holmes. This came after a previous interview with far-right figure Stephen Yaxley Lennon, known as Tommy Robinson, which sparked public backlash and led to Stefanovic’s termination as a host on the Today show. Stefanovic’s lawyer, Samuel Murray, confirmed that Stefanovic agreed to cancel the 18 September meeting and wanted the court to resolve the buyout issue as soon as possible. While Stefanovic acknowledged the "irreconcilable breakdown" in their relationship, he disagreed with Ibrahim’s claim that the company was run in a way that was "oppressive" to her. He suggested the company’s valuation should be based on its worth before 7 August, a date he claims marked the beginning of the breakdown in their partnership. On that day, Stefanovic promoted an interview with One Nation leader Pauline Hanson, sharing a photo of himself and his wife with the senator, captioned "Luckiest girls in the world." Justice Hammerschlag noted that the significance of the 7 August date in determining the company's value was unclear at this stage. He ordered both parties to agree on an independent valuer and submit their figures. After a short delay, the two sides reached an agreement on a third-party valuer. Hammerschlag confirmed that a buyout would occur, but the impact of any alleged oppression on the valuation remained uncertain. A further hearing was set for 13 October, with the judge emphasizing that the matter should be resolved if possible. The Karl Stefanovic Show has accumulated around 23 million views on YouTube.