Read the full judgment text of FCMC 1243/2012 on BabelCite. This Family Court judgment was delivered on 22 April 2016 before 區域法院暫委法官彭家光.
Matrimonial Proceedings - Ancillary Relief - Asset Distribution - Maintenance - Matrimonial Home - Credibility of Assets - LKW v DD - Petitioner claimed hidden assets and debts including 2 million HKD loan and 1 million HKD stock loss which court found unbelievable - Court found assets belonged to petitioner but adjusted for non-marital portion due to short marriage - Wife and child allowed to remain in matrimonial home until child 18 or education ends - Husband ordered to pay 5,000 HKD monthly maintenance to wife for 10 years and 9,000 HKD monthly to child - Lump sum 265,000 HKD ordered - Charge on matrimonial home to secure payments - Home to be sold upon child's independence with proceeds split equally - Costs awarded to wife
Legal issues: 孖展股票買賣損失一百萬 · 資產所有權 · 借款 2 百萬 · 經濟需要與最終命令
Outcome: Wife and child allowed to remain in matrimonial home until child 18 or finishes education. Husband ordered to pay monthly maintenance to wife and child. Lump sum payment ordered. Matrimonial home charged to secure payments. Home to be sold upon child's independence with proceeds split equally.
Cites 2 cases