28 May 2012
LWTC v. PTH AND ANOTHER
- Citation
- LWTC v. PTH AND ANOTHER
- Court
- Family Court
- Case number
- FCMC1648/2011
The court found the Husband failed to rebut the statutory presumption under s17(3) MPPO as to the transfer of 1,000 AW shares to WYM (Wong) and therefore treated the value of those shares as part of the matrimonial assets; the court attributed additional assets to the Husband (including dividends not accounted for and beneficial shares in AW and CFE) after rejecting the Husband's inconsistent and evasive evidence and excluded weight to Wong's affirmation for lack of cross-examination; applying s7 MPPO and the LKW equal-sharing yardstick, the court ordered redistribution of assets (transfer of…