Lcc v. Ltla
Read the full judgment text of FCMC 10000/2017 on BabelCite. This Family Court judgment was delivered on 10 May 2019 before His Honour Judge C K Chan.
Matrimonial causes – District Court – Transfer of proceedings – Ancillary relief – High value assets – 600 to 700 million dollars – 24 limited companies – Special contribution – Conduct – Add-backs – Taiwan properties – Transfer to Court of First Instance granted – Consent orders for directions hearing bundle
Legal issues: Transfer of ancillary relief application
Outcome: Transfer of ancillary relief application to the Court of First Instance
Cited by 2 cases
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FCMC 10000 / 2017 [2019] HKFC 138 IN THE DISTRICT COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION MATRIMONIAL CAUSES NUMBER 10000 OF 2017 ----------------------------
---------------------------- Coram : His Honour Judge C K Chan in Chambers (Not Open to Public) Date of Hearing : 10 May 2019 Date of Decision : 10 May 2019 ----------------------- DECISION (Transfer) ----------------------- 1.For the purpose of today’s hearing, there is an agreement by the parties on a transfer of the ancillary relief application to the Court of First Instance (“CFI”). 2.After hearing parties’ submissions, I agree that it is a proper case for a transfer in view of the following matters. Firstly, the amount of the matrimonial or non-matrimonial assets to be involved in this case, it is estimated to be in the sum of about 600 to 700 million dollars. It is a big money case. Secondly, the Respondent’s interest in about 24 limited companies may be in issue. There are also other complicated issues on special contribution, conduct and possibly add-backs. And finally, some properties in Taiwan gifted by the Petitioner to the sons may be involved as well. 3.I am satisfied it is proper to transfer this case to the Court of First Instance in view of the complexity and money involved. 4.The orders to be made are by consent, orders in terms of the proposed directions handed up this morning except that under paragraph 2 some wordings have to be amended. So paragraph 2 will read as follow: “First direction hearing bundle shall be agreed and lodged with CFI within 14 days from the notification of a new case number from the High Court Registry pursuant to Practice Direction 15.14.”
Representation: Ms. Barbara Hung of Messrs Chaine, Chow & Barbara Hung, solicitors for the Petitioner Mr. Richard Tod, QC and Ms. Rattigan instructed by Messrs. Ip & Heathfield for the Respondent | ||||||||||||||||
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Further hearings and rulings under FCMC 10000/2017