Read the full judgment text of FCMC 15288/2015 on BabelCite. This Family Court judgment was delivered on 2 June 2022 before Deputy Judge Peter Barnes.
Ancillary relief – Matrimonial Proceedings and Property Ordinance – Asset pool – Black hole theory – Sharing principle – Clean break – Child maintenance – Singapore properties – Hidden assets – Rental income – Career sacrifice – District Court – Petitioner YSG (YX) v Respondent LYAG – Court found no evidence of hidden assets despite Wife's black hole theory – Wife's unreasonable refusal to rent C Property noted but not sufficient to depart from equal sharing – Compensation for career sacrifice factored into sharing principle – Maintenance for adult child N justified due to national service – Orders for sale of properties, equal division of proceeds, lump sum payments to Wife, and child maintenance made.
Legal issues: Existence of hidden assets (black hole theory) · Unreasonable refusal to rent C Property · Departure from equal sharing principle · Maintenance for adult child (N)
Outcome: Ancillary relief granted; Sale of Singapore properties ordered; Equal division of net assets; Child maintenance ordered; Decree Nisi made absolute.
Cites 2 cases