Read the full judgment text of FCMC 9831/2022 on BabelCite. This Family Court judgment was delivered on 17 January 2025 before Deputy District Judge W.Y. Ho.
Matrimonial Causes – Ancillary Relief – Nuptial Agreement – Enforceability – Matrimonial Assets – Valuation – Sharing Principle – Clean Break – Lump Sum Payment – Costs. The Court held the Declaration was not a final nuptial agreement due to ambiguity and lack of final confirmation. Matrimonial assets included companies Fxxxxxx and WxGxxxx. Insurance valued at policy value. Wife to pay Husband lump sum of $14,341,616 in instalments. Costs to Husband.
Legal issues: Enforceability of Declaration · Valuation of Matrimonial Assets · Division of Assets
Outcome: Wife to pay Husband lump sum of $14,341,616 in instalments; Costs to Husband
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