Read the full judgment text of FCMC 9932/2018 on BabelCite. This Family Court judgment was delivered on 4 April 2022 before His Honour Judge I Wong.
Matrimonial Causes – Ancillary Relief – Third Party Interest – Beneficial Ownership – Common Intention Constructive Trust – Matrimonial Assets – Division of Assets – Costs – Stamp Duty Fraud – 1st Property held jointly beneficially by Husband, Wife and Mother in equal shares. 2nd Property held beneficially by Husband and Wife equally. Mother's claim dismissed. Assets divided 40% Husband, 60% Wife after son's provision. No order as to costs. Referral to Department of Justice.
Legal issues: Ownership of 1st Property · Ownership of 2nd Property · Division of Matrimonial Assets · Costs
Outcome: 1st Property sold, 1/3 to Mother, 2/3 split 40% Husband / 60% Wife. 2nd Property sold, $864,000 for son, balance split 40% Husband / 60% Wife. Husband pays Wife lump sum $273,800. Husband pays son periodical payments $5,300/month. Costs: No order.
Cited by 3 cases · Cites 1 case