Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Dissipation/re‑attribution (add‑back)
  • 17 Apr 2024

    陳 對 王

    Citation
    [2024] HKFC 77
    Court
    Family Court
    Case number
    FCMC100/2020

    Court found respondent deliberately breached the consent order and extravagantly dissipated HK$2,205,800 of the Shenzhen sale proceeds; that sum was notionally re‑attributed (added back) to the matrimonial pool; assets were then divided to achieve a broadly fair outcome by preserving the wife’s occupation of the First City property and capitalising part of the court‑held proceeds for child maintenance ($480,000) paid in six‑monthly instalments while transferring the Zhaoqing property to the husband and paying the husband a one‑off HK$100,000; respondent remains liable for his own debts and no…