Read the full judgment text of FCMC 7214/2019 on BabelCite. This Family Court judgment was delivered on 12 August 2022 before Deputy District Judge Jacqueline Lee.
Matrimonial proceedings – Ancillary relief – Asset division – Disclosure – Child maintenance – 55:45 split – No order as to costs. The court determined the genuineness of the Husband's loans, valuation of insurance and MPF, and children's needs. The matrimonial pot was computed at HK$68,453,690.40. Due to the Husband's non-disclosure and lack of contribution, the pot was split 55:45 in favour of the Wife. Orders included property transfers, lump sum payment, and child maintenance.
Legal issues: Genuineness of Husband's loans · Valuation of Manulife policy and bonus · Valuation of MPF · Computation of assets · Earning capacity and needs · Children's needs · Asset division ratio
Outcome: Matrimonial pot split 55:45 in favour of Wife. Husband to pay lump sum and child maintenance.
Cited by 6 cases · Cites 3 cases