Read the full judgment text of FCMC 3695/2020 on BabelCite. This Family Court judgment was delivered on 24 September 2024 before 陳振國法官.
Ancillary Relief – Matrimonial Proceedings and Property Ordinance (Cap 192) s.7 – Lump Sum Payment – Petitioner aged 72, Respondent aged 54, relationship since 1990, separated 2018, children independent – Whether fair division of assets considering needs and earning capacity – Court applies yardstick of equal division, finds Husband needs HK$10,000/month, Wife HK$8,000/month, Wife has higher earning capacity – Wife ordered to pay HK$1,000,000 lump sum to Husband (52% of assets); Costs awarded to Husband; Section 18(1)(a) declaration issued.
Legal issues: Ancillary Relief · Costs · Section 18 Declaration
Outcome: Wife ordered to pay Husband lump sum of HK$1,000,000; Costs awarded to Husband; Section 18 declaration issued.