Read the full judgment text of FCMC 10933/2022 on BabelCite. This Family Court judgment was delivered on 9 August 2024 before Deputy District Judge Peter Barnes.
Matrimonial causes – Ancillary relief – Financial provision – Asset identification – Conduct – Sharing principle – Needs – Child maintenance – Lump sum – Maintenance order – Costs – Whether disputed assets (EBL, insurance, handbags, ring, loans, cash) should be included in the matrimonial pot – Whether conduct (W's absences, H's cash withdrawals) warrants departure from equal sharing – Whether child maintenance should be secured – Court found W's EBL shareholding worth $150,000, insurance at account value, no genuine handbags, ring sold, loans genuine, H retains $280,000 cash. No departure from equal sharing. H pays W lump sum $2,330,103 and child maintenance $25,000/month. Costs: no order generally, indemnity for S.17 application.
Legal issues: Identification of disputed assets · Conduct and departure from equal sharing · Child maintenance assessment · Costs of Section 17 application
Outcome: Ancillary relief granted. Sale of 2nd FMH. Equal division of proceeds. Lump sum payment from H to W. Child maintenance.
Cites 6 cases