Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Conduct as departing factor
  • 16 May 2019

    CSY v. CPK

    Citation
    [2019] HKFC 129
    Court
    Family Court
    Case number
    FCMC7235/2015

    The court treated the case as a needs case but maintained the sharing principle as the starting point. H's 50% shareholding in A Ltd was excluded from the divisible matrimonial pot for distribution purposes but remained relevant to H's earning capacity. The court found H had dissipated approximately HK$3,500,000 and ordered a claw-back of HK$1,750,000 to be paid from H's half share of the net sale proceeds of the former matrimonial home. The former matrimonial home was ordered sold and net proceeds shared equally; H was ordered to pay arrears of maintenance and to pay HK$67,000 per month for…