Read the full judgment text of FCMC 006900/2002 on BabelCite. This Family Court judgment was delivered on 7 January 2005 before Her Honour Judge Chu.
Matrimonial proceedings – ancillary relief – lump sum – property adjustment – joint savings – transfer of assets – Matrimonial Proceedings and Property Ordinance – section 7 MPPO – Long marriage of 34 years between seaman husband and wife – Dispute over former matrimonial home, Pudong property and Ningbo property – Court finds joint savings of at least $400,000 existed in 1998 – HK$1 million and HK$230,000 transfers to brother found to be brother's money – Transfer of HK$288,000 to younger son set aside as joint savings intended to defeat claim – W ordered to pay H lump sum of $500,000 – Costs reserved
Legal issues: Existence of joint savings · Source of Pudong Property funds · Nature of HK$1 million DBS account · Nature of HK$230,000 transfer to STS · Contribution to Matrimonial Home · Transfer to younger son
Outcome: Ancillary relief granted; W to pay H lump sum of $500,000; transfer to younger son set aside.