Read the full judgment text of FCMC 7137/2013 on BabelCite. This Family Court judgment was delivered on 13 February 2023 before 區域法院勞杰民法官.
Ancillary relief – Matrimonial assets – Sharing principle – Departure from equal sharing – Gambling and drug addiction – Childcare contributions – Post-separation expenses – Sale of matrimonial home – Costs. The court determined the value of matrimonial assets at $19,508,908.07. The court found the petitioner made greater contributions to childcare and post-separation expenses. The respondent's gambling and drug issues were considered. The court awarded the petitioner 70% of the assets ($13,656,235.6) and the respondent 30% ($5,852,672.4). The matrimonial home was ordered to be sold. No order as to costs was made.
Legal issues: Classification of personal assets as matrimonial assets · Assessment of debts · Income, earning capacity and children's needs · Reasons to depart from equal sharing · Final ancillary relief order
Outcome: Matrimonial assets divided 70% to Petitioner and 30% to Respondent. Matrimonial home to be sold.
Cited by 1 case · Cites 7 cases