Read the full judgment text of FCMC 006872/2007 on BabelCite. This Family Court judgment was delivered on 30 June 2008 before Her Honour Judge S.D. Melloy.
Ancillary relief – Matrimonial home – Settlement agreement – Asset division – Matrimonial Proceedings and Property Ordinance – District Court – Whether 1996 settlement agreement binding – No; Whether TLC property non-matrimonial – Prima facie matrimonial; Asset division – 50/50 split – Husband pays wife $700,000; Costs to husband
Legal issues: Validity of 1996 settlement agreement · Status of TLC property · Computation and division of assets
Outcome: Ancillary relief granted; Husband ordered to pay wife $700,000