19 Sept 2014
LSM v. CMP
- Citation
- LSM v. CMP
- Court
- Family Court
- Case number
- FCMC7040/2011
On the balance of probabilities the court found the wife had pocketed sale proceeds (Uptown $1,560,000 and 47E sale $3,350,000), controlled PK and had hidden assets (assessed at least $500,000); many alleged loans were fabricated or unsubstantiated; because of the long delay and the husbandʹs long acquiescence the court departed from strict equal division and awarded the husband a lump sum of $900,000 (about 14% of the identified matrimonial assets), vacated the registered Notice against the 47D House to permit payment within 3 months, and made a costs order nisi for one‑third of the wifeʹs c…