Hyf v. Csl
Read the full judgment text of FCMC 14931/2014 on BabelCite. This Family Court judgment was delivered on 30 August 2024 before His Honour Judge S Lo.
Matrimonial Causes – Asset Division – Lump Sum Payment – Corrigendum – District Court – HYF v CSL – Correction of asset valuations including properties (Ming Yuan 205, Palace Court, London Plaza, Theme Park) and bank accounts – Calculation of family pot adjusted to HK$185,482,190.36 – Husband entitled to 1/4 share – Lump sum payment adjusted to HK$14,346,000
Outcome: Judgment corrected regarding asset valuation and lump sum payment order.
Cites 1 case
|
FCMC14931/2014 [2024] HKFC 162 IN THE DISTRICT COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION MATRIMONIAL CAUSES NO. 14931 OF 2014 ----------------------------
----------------------------
----------------------- Corrigendum ----------------------- Please note the following amendments in the Judgment dated 30 August 2024:- 1.Page 44, paragraph 115, lines G – R, “I find that total value of H’s assets is HK$21,224,375……v. HK$50,000 being total value of益貿發展 (Best Field) and 科倫投資 (Colom HK); and vi. HK$1,000,000 being the amount of the valuables taken away by H from 倫敦廣場 (London Plaza)” should read “I find that total value of H’s assets is HK$32,024,375…… v. HK$50,000 being total value of益貿發展 (Best Field) and 科倫投資 (Colom HK); vi. HK$1,000,000 being the amount of the valuables taken away by H from 倫敦廣場 (London Plaza); and vii. HK$10,800,000 being the value of the Theme Park”. 2.Page 51 – 52, paragraph 141, lines K – S and A – C, “Total value of W’s assets is HK$153,705,796.36, breakdown of which is set out as follows: i. RMB 101,223,200 (HK$109,321,056) being the combined value of Ming Yuan 205 and Palace Court; ii. HK$3.15 million being W’s bank accounts and cash……” should read “Total value of W’s assets is HK$153,457,815.36, breakdown of which is set out as follows: i. RMB 99,140,000 (HK$107,071,200) being the combined value of Ming Yuan 205 and Palace Court; ii. HK$5,151,875 being W’s bank accounts and cash……”. 3.Page 52, paragraph 142, lines D – F, “……the total value of the family pot is HK$174,930,171.36 (ie HK$21,224,375 + HK$153,705,796.36)＂should read “……the total value of the family pot is HK$185,482,190.36 (ie HK$32,024,375 + HK$153,457,815.36)”. 4.Page 67, paragraph 190, lines O – P, “……H shall be entitled to share 1/4 of the family pot, and to receive from W the sum of HK$22,508,167.84 (ie HK$174,930,171.3 X 1/4 - HK$21,244,375)” should read “…… H shall be entitled to share 1/4 of the family pot, and to receive from W the sum of HK$14,346,172.59 (ie HK$185,482,190.36 X 1/4 - HK$32,024,375)”. 5.Page 68, paragraph 191, lines D – E, “……the figure of HK$22,508,167.84 be round down to HK$22,508,000” should read “……the figure of HK$14,346,172.59 be round down to HK$14,346,000”. 6.Page 68, paragraph 192(i), lines F – G, “……W do pay H a lump sum of HK$22,508,000” should read “W do pay H a lump sum of HK$14,346,000”.
| ||||||||||||||||||||||
Cases cited in this judgment
Further hearings and rulings under FCMC 14931/2014