Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Property valuation (foreign assets)
  • 20 Sept 2021

    TJB or JBT v. DMT

    Citation
    [2021] HKFC 186
    Court
    Family Court
    Case number
    FCMC9861/2014

    The court assessed the parties' needs, found surplus assets after needs were met, applied the sharing principle and departed from equal division to award 40% to the husband and 60% to the wife because of the wife's greater future housing and financial needs; the nine Nepal properties were ordered sold with proceeds divided 40/60; the husband retains his British Army pension; a lump sum equalisation payment of HK$32,280 was ordered to the wife; costs were awarded to the husband (order nisi).