Read the full judgment text of FCMC 15970/2014 on BabelCite. This Family Court judgment was delivered on 8 February 2017 before 陳玉芬.
Matrimonial Proceedings and Property Ordinance – Ancillary Relief – Hidden Assets – Gambling – Kidney Failure – Asset Division – Matrimonial Home – Equal Sharing Principle – 60:40 Split – Costs. The court dealt with an application for ancillary relief in a 19-year marriage where the wife sought the matrimonial home and the husband alleged gambling losses. The court found the husband concealed $1,253,000 under the guise of gambling losses and other bank accounts. The wife suffered from kidney failure requiring dialysis, impacting her earning capacity. Departing from equal sharing due to the wife's health and needs, the court ordered a 60:40 asset split in favor of the wife. The matrimonial home was transferred to the wife, who paid the husband $540,000. The husband was ordered to pay the wife's costs.
Legal issues: Treatment of alleged gambling losses and hidden assets · Departure from equal sharing principle · Final asset division ratio
Outcome: Ancillary relief granted. Matrimonial home transferred to Wife. Wife pays Husband $540,000. Assets divided 60:40 in favor of Wife.