Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Costs and disclosure/duty of full financial disclosure
  • 12 Feb 2016

    CL v. LWP

    Citation
    CL v. LWP
    Court
    Family Court
    Case number
    FCMC16222/2012

    The court held that the Husband successfully rebutted the s17 presumption in respect of (a) the transfer of his interest in the Luen Wai property to his daughter (genuine transfer related to her forthcoming marriage) and (b) the HK$280,000 (spent as wedding/jia zhuang expenses), therefore the Section 17 application fails; the matrimonial asset pool was assessed at HKD 8,940,000 and the sharing principle applied equally (50:50); ancillary reliefs were ordered by way of transfer of Husband's interests in Sun On and Wuhan properties to Wife and a lump sum equalization payment of HKD 192,000; no…

    • Section 17 mppo - setting aside dispositions
    • Section 7 mppo - division of assets/sharing principle
    • Section 4/5/6/6a mppo - financial and property orders
    • Section 18 declaration
    • Costs and disclosure/duty of full financial disclosure