14 Oct 2010
LTT v. TTM
- Citation
- LTT v. TTM
- Court
- Family Court
- Case number
- FCMC2679/2009
The court awarded the entirety of the parties net interest in the former matrimonial home (assessed at HKD600,000) to the wife at nil consideration because (1) the children's future needs (assessed at HKD634,000) exceeded the available family asset, (2) the husband was unable to provide reliable periodical maintenance, (3) the wife had greater overall contribution and greater needs, and (4) securing accommodation and liquidity for the children outweighed the equal‑sharing starting point; accordingly no lump sum of HKD150,000 was payable to the husband and the transfer was ordered subject to…