Read the full judgment text of FCMC 2295/2014 on BabelCite. This Family Court judgment was delivered on 18 April 2019 before Deputy District Judge R So.
Ancillary relief – Matrimonial Proceedings and Property Ordinance – Matrimonial assets pot – Pension – Inherited properties – MAL investments – Full and frank disclosure – Financial needs – Sharing principle – Departure from equal sharing – Children's maintenance – Clean break – T18 to Wife – T23A and SP to Husband – Children's Fund HK$5 million – No order as to costs – Long marriage of over 20 years – Wife civil servant with pension – Husband geologist with medical issues – Assets valued at HK$53 million – Children's education needs in UK – Equal sharing principle applied – No departure from equal division due to conduct – Disclosure issues regarding Husband's investments – Pension value calculated at trial date – Inherited properties included due to long marriage – MAL investments added back to asset pot – Children's Fund secured by charge on T23A
Legal issues: Value of Wife's pension · Inherited properties inclusion · MAL investments and disclosure · Needs based vs sharing principle · Departure from equal sharing
Outcome: Ancillary relief granted; T18 transferred to Wife; SP and T23A transferred to Husband; Children's Fund established with HK$5 million; No order as to costs.
Cited by 2 cases