27 Jul 2010
KMD v. PIB
- Citation
- KMD v. PIB
- Court
- Family Court
- Case number
- FCMC14665/2007
Court held parties did not maintain wholly separate finances; LS was partly pre‑marital (approx 11%) but for fairness was included in the asset pool; husband found to have recklessly overspent and dissipated assets largely on flying/helicopter expenditures and holidays and HK$1.2M was to be notionally added back to the asset computation; applying need, compensation and sharing the court awarded the wife a lump sum of HK$500,000 payable within 28 days and ordered the husband to pay one third of the wife’s costs (order nisi).