Read the full judgment text of FCMC 3909/2016 on BabelCite. This Family Court judgment was delivered on 6 November 2019 before 彭家光.
Matrimonial proceedings – Leave to appeal – Ancillary relief – Asset valuation – Maintenance – District Court Ordinance (Cap 336) s.63A – Application refused – Costs order – The male party applied for leave to appeal against a judgment made on 14 August 2019 regarding ancillary relief. The original judgment ordered the male party to pay a lump sum of 1,734,000 HKD and monthly maintenance of 10,000 HKD for the son. The male party challenged the court's valuation of his assets, the liquidity of his shares, the amount of lump sum maintenance, and the assessment of the female party's income capacity. The court found that the valuation was based on evidence presented during the trial. The court found that it had not made any finding on whether the shares were liquid or could be converted to cash. The court considered the son's needs of 26,450 HKD per month and the male party's income of 20,000 HKD per month. The court accepted the female party's evidence that she was 45 years old, had been out of the workforce for 12 years, and needed to care for her 10-year-old son. The court found that all grounds for leave to appeal had no reasonable chance of success. The court refused the male party's application for leave to appeal. The male party was ordered to pay the female party's costs of this application.
Legal issues: Asset valuation · Share liquidity · Lump sum maintenance · Respondent's income capacity
Outcome: Application for leave to appeal refused.
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