Read the full judgment text of FCMC 1096/2014 on BabelCite. This Family Court judgment was delivered on 24 February 2016 before Deputy District Judge G. Own.
Matrimonial Causes – Ancillary Relief – Financial Provision – Asset Division – Equal Sharing – Presumption of Advancement – Add Back – MPF – Division of matrimonial assets including property, cash, and pensions – Whether bank notes in Wife's possession (No); Whether contributions to parents add back (No); Whether Wife's debts valid (No); Whether valuable items diminished (No); Whether Husband's withdrawals add back (Yes); Whether departure from equal sharing justified (No) – 50:50 split of total assets HK$9,410,000. Husband pays Wife HK$4,005,000 lump sum. Husband pays Wife's costs.
Legal issues: Taiwanese bank notes possession · Contributions to parents add back · Wife's indebtedness to mother and brother · Wife's indebtedness for holiday trip · Diminution in valuable items · Husband's withdrawals · MPFs/ORSOs valuation · Departure from equal division
Outcome: Ancillary reliefs granted. Husband to pay Wife lump sum HK$4,005,000 to buy out Wife's interest in MH. 50:50 split of total assets.