Read the full judgment text of FCMC 005382/2006 on BabelCite. This Family Court judgment was delivered on 6 February 2009 before Deputy District Judge T Chan.
Divorce – Ancillary Relief – Matrimonial Proceedings and Property Ordinance (Cap 192) s.7 – Sharing Principle – Special Contribution – Conduct – Property Distribution – Clean Break – Computation of family assets – Distribution of assets – Husband's conduct regarding Order for Sale – Ancillary relief granted. Clean break order. Husband transfers Begonia to Wife, pays $2.7m lump sum, transfers 1/2 CCB shares, sells Hoi Tan, Wife transfers Bowen to Husband, transfers 1% A.T. Ltd shares, splits K Property proceeds. Husband pays Wife's costs. Marriage lasted 4 years, no children. Dispute over investment properties (Bowen, Begonia, etc.). Husband accused of hiding income and assets. Wife claims joint venture. Court found Husband dishonest about income and conduct regarding court orders. Equal sharing principle applies to matrimonial properties. Husband's refusal to sell Bowen and Hoi Tan despite court order was inequitable.
Legal issues: Computation of family assets · Distribution of assets under s.7 Cap 192 · Husband's conduct regarding Order for Sale
Outcome: Ancillary relief granted. Clean break order.
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