Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Hidden assets/income
  • 6 Feb 2009

    W v. S

    Citation
    W v. S
    Court
    Family Court
    Case number
    FCMC5382/2006

    The court computed the matrimonial pool (net value identified) and applied the sharing principle. The marriage being short did not justify departure from equal sharing of assets acquired during the marriage; the Husband's concealment of income and refusal to comply with the Order for Sale were adversely weighed against him. The court ordered a clean break distribution: transfers of property and shares and a lump sum payment of HKD 2,700,000 from Husband to Wife together with ancillary transfer and sale orders, plus continuation of interim maintenance until compliance.