Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Compensatory award
  • 8 Apr 2022

    梁 對 陳

    Citation
    [2022] HKFC 62
    Court
    Family Court
    Case number
    FCMC14075/2015

    Court quantified total family assets (HK$17,011,529.94), assessed respondent's housing and maintenance needs for ten years and five years respectively, applied sharing principle but departed from strict equal division because the marriage was short, most assets were premarital/gifts, and respondent warranted some compensatory award for lost earning capacity; accordingly a one‑off lump sum of HK$3,394,500 (approx 20% of family assets, incorporating a 5% compensatory element) was ordered payable by applicant within one month of the absolute divorce, with ancillary orders to give effect to that…