Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Equal division principle

  • 20 Sept 2021

    TJB or JBT v. DMT

    Citation
    [2021] HKFC 186
    Court
    Family Court
    Case number
    FCMC9861/2014

    The court assessed the parties' needs, found surplus assets after needs were met, applied the sharing principle and departed from equal division to award 40% to the husband and 60% to the wife because of the wife's greater future housing and financial needs; the nine Nepal properties were ordered sold with proceeds divided 40/60; the husband retains his British Army pension; a lump sum equalisation payment of HK$32,280 was ordered to the wife; costs were awarded to the husband (order nisi).

  • 20 Aug 2021

    LWF v. WST

    Citation
    [2021] HKFC 164
    Court
    Family Court
    Case number
    FCMC5380/2019

    The 26 loans (c.1,970,000 HKD) were family debts and the wife was aware of them; the husband's post‑separation loans from his brother (c.709,200 HKD) are bona fide liabilities of the husband; the husband's conduct did not meet the 'obvious and gross' threshold to justify departure from equal sharing; net matrimonial assets were assessed at HKD 17,569,427 and after liabilities and sale costs the net proceeds are to be split broadly 51.5% to the wife and 48.5% to the husband with the matrimonial home sold (not less than HKD 12,000,000) and specified liabilities paid first; no order as to costs…