Read the full judgment text of HCMC 000002/2000 on BabelCite. This High Court CFI judgment was delivered on 21 February 2001 before Deputy High Court Judge Woolley.
Matrimonial causes – ancillary relief – lump sum – contribution to wealth – setting aside transactions – costs – respondent absent – medical reports – High Court. Petitioner sought ancillary relief and setting aside transactions under s.17 of the Matrimonial Proceedings and Property Ordinance, Cap. 192. Respondent absent, medical reports disputed. Court found respondent concealed assets including shares in BIT and GBT and property in New York. Petitioner's contribution to respondent's wealth acknowledged. Petitioner awarded US$10,000,000 lump sum and US$486,000 for children. Purported share transfers set aside. Costs awarded on party and party basis. – Lump sum awarded reflecting contribution to marriage and business – Transactions set aside as sham – Costs not increased despite conduct.
Legal issues: Ancillary relief and lump sum · Setting aside transactions under s.17 · Costs · Proceeding in absence of respondent
Outcome: Petitioner awarded US$10,000,000 lump sum and US$486,000 for children. Respondent's application dismissed. Purported share transfers set aside.
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