Read the full judgment text of FCMC 359/2014 on BabelCite. This Family Court judgment was delivered on 15 February 2017 before Deputy District Judge Phoebe Man.
Matrimonial Causes – Ancillary Relief – Matrimonial Assets – Sharing Principle – Post-Separation Accruals – Credibility – Costs – Long marriage of over 24 years – Family business (trailer business) – Wife held 4 factory properties in her name – Husband claimed assets funded by family business – Wife claimed separate finances and post-separation accruals – Court found Wife unreliable witness – Court held parties separated in 2014 not 2008 – Court held 4 properties formed part of matrimonial pool as funded by family business income – Court rejected most alleged loans due to lack of evidence and credibility – Equal division principle applied – Matrimonial Home to be sold or Wife to pay Husband half value – Wife to pay Husband net sum of HK$2,080,601.9 – Child maintenance ordered – Wife to pay 80% of Husband’s costs
Legal issues: Whether 4 Properties form part of matrimonial pool · Whether alleged loans are genuine debts · Date of separation · Costs allocation
Outcome: Ancillary relief granted. Matrimonial assets identified and divided. Equal division principle applied.
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