Read the full judgment text of FCMC 18573/2013 on BabelCite. This Family Court judgment was delivered on 15 July 2016 before 嚴舜儀.
Matrimonial proceedings – Property division – Gambling – Asset concealment – Lump sum – Matrimonial home – Costs – Matrimonial Proceedings and Property Ordinance (Cap 192) – District Court. Marriage of nearly 40 years. Husband dissipated assets through gambling. Both parties concealed assets. Court ordered 3:7 split. Husband pays $146,000 and transfers home. No costs order.
Legal issues: Concealment of Assets · Dissipation of Family Assets · Gift to Son · Total Asset Value · Financial Needs · Property Division · Costs
Outcome: Divorce order restored; Property division ordered (3:7 split); Lump sum payment; Home transfer; No costs order.
Cited by 1 case