Read the full judgment text of FCMC 2960/2018 on BabelCite. This Family Court judgment was delivered on 16 August 2021 before His Honour Judge I Wong.
Matrimonial Causes – Ancillary Relief – Financial Provision – Matrimonial Home – Sharing Principle – Departure from Equality – Child Maintenance – Costs – Long marriage of 18 years with two children – FMH purchased under Home Ownership Scheme – Husband unemployed due to unrelated criminal case – Dispute over husband's alleged debts ($600,000 and $900,000) – Court rejected $600,000 debt and added $550,000 of $900,000 debt back to matrimonial pot – Sharing principle applied with 55% to wife and 45% to husband due to husband's superior earning capacity – Child maintenance assessed for son ($12,000/month) and daughter ($31,200/month) – Lump sum of $122,000 ordered to equalize shares – Nominal maintenance ordered – No order as to costs.
Legal issues: Identification of Assets and Liabilities · Application of Sharing Principle · Child Maintenance · Costs
Outcome: Ancillary relief granted; FMH sold; lump sum and child maintenance awarded; nominal maintenance ordered; no order as to costs.
Cited by 1 case · Cites 2 cases