Read the full judgment text of FCMC 16387/2012 on BabelCite. This Family Court judgment was delivered on 14 October 2019 before 彭家光.
Matrimonial proceedings – Ancillary relief – Beneficial ownership – Constructive trust – Resulting trust – Matrimonial assets – Rental income – Equal sharing principle – Child support – Property sale – Costs – Husband claimed properties held on trust for mother – Court found husband beneficial owner – Rental income from 2010 included in assets – Total assets HK$145,587,318 – Equal division ordered – 18 Hong Kong properties to be sold – 2 Mainland properties allocated to husband – Child support adjusted to HK$6,768/month – Costs awarded to wife
Legal issues: Beneficial ownership of properties and companies · Calculation of matrimonial assets · Division of assets · Child support
Outcome: Ancillary relief granted; properties ordered to be sold; proceeds divided; child support adjusted; costs awarded to Petitioner
Cites 2 cases