Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Asset classification

  • 16 May 2023

    胡 對 李

    Citation
    [2023] HKFC 87
    Court
    Family Court
    Case number
    FCMC7853/2017

    Court found wife exaggerated parts of her evidence but accepted both parties have earning capacity; husband's inheritance is non‑marital and to be retained by him; marital assets (excluding non‑marital inheritance and illiquid retirement funds until retirement) are to be realised primarily by sale of the former matrimonial home within six months of the absolute divorce; sale proceeds must first discharge mortgage and sale costs then pay HK$3,144,000 as lump sum for the two children and wife’s one‑year rehabilitative needs, then repay each party's certified debts, with any remainder divided eq…

  • 22 Mar 2017

    湯 對 徐

    Citation
    湯 對 徐
    Court
    Family Court
    Case number
    FCMC15201/2013

    The court quantified total matrimonial assets at HK$3,379,980.34, held the Jing Cai Street property to be matrimonial (value HK$2,540,000), found husband concealed savings (treated as husband’s assets of HK$300,000 and HK$130,000), applied the equal sharing principle and ordered an immediate division of non‑property assets with deferred sale of the matrimonial home (transfer of 50% title to wife pending sale by 30 Nov 2025), ordered husband to pay wife lump sums totalling HK$439,426.56 (HK$313,048.56 and HK$126,378) within one month of the absolute divorce, continuing monthly child maintenanc…