Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Add-back of dissipated assets
  • 30 Jun 2023

    梁 對 羅

    Citation
    [2023] HKFC 112
    Court
    Family Court
    Case number
    FCMC3754/2021

    Court found respondent had extracted and transferred funds after commencement of proceedings with implausible explanations; judge added back HKD794,012.54 (2021.4–2022.11 excess spending) plus disclosed savings HKD58,911.62 to reach family assets HKD852,924.16, applied equal sharing and awarded applicant a lump sum of HKD426,462 payable within one month of the absolute divorce (subject to Legal Aid first charge); awarded child maintenance HKD1,700 per month from 1 Sep 2023 until child is 18 or completes full-time education; declined ongoing spousal periodical maintenance and found respondent…