5 Oct 2015
VE (nee KE) v. VRJ
- Citation
- VE (nee KE) v. VRJ
- Court
- Family Court
- Case number
- FCMC7676/2011
The family was effectively insolvent with most liquid assets consumed by litigation; the court prioritised the children's needs and parties' respective earning capacities and needs over strict equal division. The judge ordered HK$1,000,000 to be released for the two children (HK$500,000 each) in joint accounts for education, awarded the petitioner a periodical payment of HK$7,000 per month, and directed that the remaining court-held proceeds be released to the petitioner (subject to the Director of Legal Aid's first charge and taxation), set aside a prior withdrawal order, imposed undertaking…