Read the full judgment text of FCMC 13307/2012 on BabelCite. This Family Court judgment was delivered on 1 August 2013 before Her Honour Judge Sharon D. Melloy.
Matrimonial causes – preliminary issues – determination of whether funds provided by Respondent's parents were a gift or a loan – District Court – HK$1,770,800 – property purchase in Tseung Kwan O – parties married January 2010 – no explicit agreement to wife regarding nature of funds – court finds loan based on parents' belief and involvement in purchase and renovation – parents not sufficiently affluent to forgive sum – costs order nisi for no order as to costs
Legal issues: Nature of funds (gift or loan)
Outcome: Found that the sum of HK$1,770,800 was a loan as opposed to a gift. Order nisi made that there be no order as to costs.