23 Nov 2020
EBS v. NTC, D
- Citation
- [2020] HKFC 242
- Court
- Family Court
- Case number
- FCMC2128/2013
The court applied the sharing principle after assessing needs under s.7 Cap 192, found no hidden assets or convincing claim for add-backs, accepted the parties’ agreed asset schedule (~HK$192.7m), and made a near-equal division with a modest departure in favour of the wife to ensure she retains sufficient income-producing capital; the court also ring-fenced ~HK$8.002m for the child’s education, required the wife to pay the husband HK$7.5m and deposit HK$6m as a contingency for potential increased US CGT on the Bel Air property, and ordered specified periodical child maintenance (interim and o…