Read the full judgment text of FCMC 14020/2017 on BabelCite. This Family Court judgment was delivered on 3 September 2021 before District Judge K.K. PANG.
Matrimonial proceedings – Ancillary relief – Financial provision – Matrimonial pot – Sharing principle – Equal division – Child maintenance – MPS variation – Liabilities – US Properties – SLAC sale – Court held SLAC sale genuine and proceeds included in pot. No departure from equal division. MPS undertaking not discharged. Liabilities borne individually. Child maintenance ordered. US Properties sold with proceeds split equally. Balancing payment and CPAPF split ordered. Clean break achieved.
Legal issues: Inclusion of SLAC proceeds in matrimonial pot · Discharge of undertaking regarding MPS variation · Allocation of liabilities · Application of sharing principle · Calculation of child maintenance
Outcome: Ancillary relief granted; clean break; US Properties sold; balancing payment; CPAPF split; child maintenance ordered; MPS discharged.
Cites 1 case