Read the full judgment text of CACV 000196/2009 on BabelCite. This Court of Appeal judgment was delivered on 19 October 2010 before Hon Cheung JA, Hon Hartmann JA, Hon Kwan JA.
Civil Appeal – Ancillary Relief – Property Division – Maintenance – Costs – Fresh Evidence – Matrimonial Proceedings and Property Ordinance (Cap. 192) – Pre-marital assets – Valuation of private company – Litigation conduct – Tel Aviv property – O Ltd. shares – Relationship-generated disadvantage – Finality in litigation – Judge erred in including full value of Tel Aviv property in asset pool – Valuation of husband's interest in O Ltd. upheld – No compensation beyond maintenance – Costs order varied – Appeal allowed – Ancillary relief varied – Lump sum increased by HK$500,000 – Costs order set aside and substituted – Fresh evidence application dismissed
Legal issues: Treatment of Tel Aviv property · Valuation of O Ltd. · Treatment of O Ltd. in distribution · Pledged funds for O Ltd. · Payment to Mr. S · Compensation to wife · Costs order · Fresh evidence application
Outcome: Appeal allowed; ancillary relief varied; costs order set aside and substituted; fresh evidence application dismissed
Cited by 1 case · Cites 5 cases