Read the full judgment text of FCMC 17035/2012 on BabelCite. This Family Court judgment was delivered on 23 July 2021 before Judge S Lo.
Matrimonial causes – Ancillary relief – Matrimonial Property and Procedure Ordinance s.7 – Division of assets – Stanley Property – Sharing principle – Departure from equal division – Statute barred debts – Implied term – Valuation of property – Costs – H entitled to 66% of sale proceeds of Stanley Property after deducting net liabilities – W to bear 70% of costs from 13 January 2018
Legal issues: Validity of Writ of Subpoena in Family Court Ancillary Relief Proceedings · Statute Barred Debts and Implied Terms in Loan Agreements · Valuation of KL Property · Departure from Equal Division of Assets · Costs Allocation
Outcome: Ancillary relief granted; Stanley Property to be sold; H entitled to 66% of net proceeds; W entitled to 34%.
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