Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Dissipation/add-back
  • 10 Jun 2011

    WYC v. LWWV

    Citation
    WYC v. LWWV
    Court
    Family Court
    Case number
    FCMC944/2008

    The court concluded that prima facie the matrimonial pot exceeded HK$5 million but, given lack of evidence of a binding clean break and the fact some assets were accrued post-separation, equality should be departed from. Assessing needs (wife as custodial parent and requirement for deposit on a Singapore flat), the court awarded the wife a lump sum of HK$400,000 in full and final settlement of capital ancillary relief, nominal spousal maintenance of HK$1 p.a., child maintenance of HK$6,500 per month per child until 18 or end of education, and an undertaking by the husband to pay the children'…