Read the full judgment text of FCMC 7676/2011 on BabelCite. This Family Court judgment was delivered on 27 February 2015 before Deputy District Judge I. Wong.
Matrimonial proceedings – Ancillary relief – Sale of matrimonial home – Proceeds paid into court – Application for withdrawal of funds for legal costs – Reasonableness of costs – Undertakings as to damages – Overseas assets – District Court allows partial withdrawal of $1,000,000 for legal costs out of $2,800,000 claimed – No order as to costs
Legal issues: Reasonableness of legal costs · Undertakings as to damages · Disposition of initial deposit
Outcome: Respondent granted leave to withdraw $32,504 for US tax and $1,000,000 for legal fees; Petitioner's summons dismissed; No order as to costs.
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