Read the full judgment text of FCMC 13240/2019 on BabelCite. This Family Court judgment was delivered on 19 April 2024 before Her Honour Judge Thelma Kwan.
Ancillary Relief – Matrimonial Pot – Pension – Pre-marital Assets – Needs – Costs – Clean Break – Duration of marriage found to be 12 years 2 months including cohabitation period – Pension lump sum valued with 30% illiquidity discount – S Property excluded as gift to child – Pre-marital assets (BF LLC, NLF, Accounts) included in pot due to lack of proof of segregation – Needs assessed based on Philippines standard of living – H ordered to pay lump sum $6,789,502 and maintenance – H ordered to pay 65% of W’s costs due to litigation conduct.
Legal issues: Duration of Marriage · Pension Valuation · S Property · Pre-marital Assets · Needs Assessment · Costs
Outcome: Lump sum awarded to Petitioner; Maintenance ordered; Clean break; Costs order made.
Cited by 3 cases · Cites 8 cases