Read the full judgment text of FCMC 5771/2018 on BabelCite. This Family Court judgment was delivered on 10 November 2020 before Deputy District Judge J Chow.
Matrimonial proceedings – Ancillary relief – Non-disclosure – Financial needs – Sharing principle – Property transfer – Maintenance pending suit – LKW v. DD principles – Adverse inference drawn against husband for failing to disclose assets – Matrimonial assets quantified at HK$17,305,768.35 based on first Form E and Lamma Property valuation – Wife and children's needs quantified at HK$21,702,900 exceeding assets except Lamma Property – Lamma Property transferred to wife for nil consideration to satisfy needs – Outstanding MPS of HK$2.68 million discharged – Costs against husband.
Legal issues: Non-disclosure of assets · Quantification of matrimonial assets · Assessment of financial needs · Disposal of Lamma Property · Outstanding Maintenance Pending Suit
Outcome: Husband's summons dismissed; Lamma Property transferred to wife; Outstanding MPS discharged.
Cites 3 cases