Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Valuation of foreign property
  • 1 Feb 2017

    楊 對 陳

    Citation
    楊 對 陳
    Court
    Family Court
    Case number
    FCMC9747/2012

    Applying section 7 and the five‑step LKW approach the court held the cohabitation from about 2003 formed part of the marriage duration, treated the Hong Kong flat, Shenzhen property and Dongguan property as family assets, included MPF and life insurance in the asset pool, fixed total matrimonial assets at HKD 5,712,000, reserved HKD 720,000 for the child’s future needs, applied equal sharing to the remaining HKD 5,000,000 and ordered the husband to pay the wife a lump sum of HKD 1,454,000 (with retention of the matrimonial home by the husband and sale of the Shenzhen property if necessary to…