16 Jan 2009
M v. M
- Citation
- M v. M
- Court
- Family Court
- Case number
- FCMC5793/2006
Court accepted husband's evidence that the wife removed specified jewellery; sums advanced by husband's parents (except two previously repaid loans) were parental advancements/gifts not legally enforceable loans and thus not deductible from family assets; interim maintenance of HK$26,000 is reasonable and not repayable; total net family assets calculated at HK$10,036,598 and, applying s.7 MPPO and principles of needs, sharing and compensation, wife awarded lump sum of HK$5,894,474 (including HK$936,000 in lieu of future maintenance) payable within two months with continued monthly payments of…