Read the full judgment text of FCMC 12078/2014 on BabelCite. This Family Court judgment was delivered on 27 August 2020 before Deputy District Judge J. Chow.
Matrimonial Proceedings and Property Ordinance – non-disclosure – ancillary relief – lump sum – property transfer – needs principle – sharing principle – District Court – FCMC 12078/2014 – HCMJ v HYM – Material non-disclosure by husband – Court drew adverse inference and estimated assets at HK$30 million – Wife and children's needs quantified at HK$17,178,189.17 – Lump sum awarded to wife and children – Land transfer ordered in default – Husband's MPS variation dismissed – Costs awarded to wife
Legal issues: Material non-disclosure · Identification of matrimonial assets · Assessment of financial needs · Application of sharing principle · Disposal of assets
Outcome: Ancillary relief granted. Husband's MPS variation dismissed. Lump sums awarded to wife and children. Land transfer ordered if lump sums not paid.
Cited by 1 case · Cites 4 cases