Read the full judgment text of FCMC 3040/2008 on BabelCite. This Family Court judgment was delivered on 17 March 2015 before HH Judge Bruno Chan.
Matrimonial proceedings – Ancillary relief – Marital assets – Trust funds – Non-disclosure – Sharing principle – Property division – Maintenance – Costs – Wife claimed properties purchased with trust funds from first husband's estate; Husband claimed Wife concealed assets and owed debts; Wife claimed Husband had undisclosed business interests in China – Court found properties purchased with trust funds excluded from marital pool; Wife had undisclosed assets; Husband's debt claim rejected; Husband's business interests part of father's business; Sharing principle applied equally – 3 China Properties sold and proceeds divided equally; Husband pays maintenance; No order as to costs generally; Wife pays subpoena costs
Legal issues: Whether properties purchased with trust funds · Whether Wife disclosed all assets · Whether Husband owes debts · Whether Husband has business interests in China · Whether father made financial provision · Whether sharing principle applies
Outcome: Ancillary relief granted; 3 China Properties sold and proceeds divided equally; Husband pays maintenance; No order as to costs generally.
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