Read the full judgment text of CACV 246/2010 on BabelCite. This Court of Appeal judgment was delivered on 16 June 2011 before Hon Tang Acting CJHC, Cheung and Fok JJA.
Divorce – Ancillary Relief – Matrimonial Assets – Misconduct – Add Back – Separate Finance – Post-nuptial Agreement – Discretion – Appeal – 60/40 Division – Whether HK$32.5 million transferred to German company should be added back to matrimonial pot – No; Judge had discretion to adjust division ratio instead of add back. Whether separate financial arrangements implied agreement to keep assets separate – No; no agreement implied in long marriage. – Appeal dismissed; Wife to pay costs.
Legal issues: Treatment of HK$32.5 million transferred to Fashion Concept · Separate finances and post-nuptial agreement
Outcome: Appeal dismissed
Cites 2 cases