FCMC 11994/2021

(formerly FCMC 5660/2020 & FCMC1930/2019)

[2025] HKFC 75

IN THE DISTRICT COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

MATRIMONIAL CAUSES

NUMBER 11994 OF 2021

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J U D G M E N T
(Ancillary Relief)

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1. This is the parties’ application for ancillary relief.

2. The sharing of the children’s expenses was resolved on the last day of the trial and therefore the only remaining dispute is the division of matrimonial assets.

3. On the day of the trial, the parties’ open proposals were as follows:

1) The Petitioner (“the Wife”):

a) The former matrimonial home (“17A Bel-Air”) and Car Park 98 be sold in the open market at a price not lower than $37,100,000 (unless otherwise agreed by the parties). The proceeds of sale after deducting all necessary and related expenses be shared equally.

b) The parties retain their own assets.

2) The Respondent (“the Husband”):

a) On the assumption the court accepts the Husband’s expert on the valuation of the Wife’s company (“SCBS”), the Husband proposes the Husband be allowed to keep his own assets and the Wife should transfer / pay the following to the Husband:

(i) Her share in the former matrimonial home (“17A Bel-Air”);

(ii) The debenture of Harrow International School Hong Kong (“the Harrow Debenture”)

(iii) The Wife’s Aberdeen Marina Club Membership (“the AMC Membership”)

(iv) A lump sum of $44,770,385 to the Husband.

b) If the court accepts the Wife’s expert on the valuation of SCBS, the Husband proposes a 60:40 split of all matrimonial assets, with the Husband obtaining 60% of all matrimonial assets. To equalize the asset distribution, the Wife should transfer / pay the following to the Husband:

(i) Her share in the former matrimonial home (“17A Bel-Air”);

(ii) The Harrow Debenture

(iii) The Wife’s Aberdeen Marina Club Membership (“the AMC Membership”)

(iv) A lump sum of $7,549,975 to the Husband.

4. All monetary figures are in Hong Kong dollars unless otherwise specified.

A. BACKGROUND

5. As at the date of the trial, the Wife was 41 years old and the Husband was 40 years old. The parties have two children at ages 9 and 8 (as at the date of the trial).

6. I set out the chronology of the salient facts below:

Date	Event
January 2012	Parties got engaged. At the time, the Wife was working for Messrs Simpson Thatcher & Bartlett and the Husba