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FCMC 9831/2022
[2025] HKFC4
IN THE DISTRICT COURT OF THE
HONG KONG SPECIAL ADMINISTRATIVE REGION
MATRIMONIAL CAUSES NO. 9831 OF 2022
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BETWEEN
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TKW
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Petitioner
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and
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NLPS
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Respondent
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___________________________________
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Coram:
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Deputy District Judge W.Y. Ho in Chambers (Not open to public)
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Date of Hearing:
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9 – 11 January 2024 and 19 April 2024
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Date of Judgment:
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17 January 2025
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JUDGMENT
(Ancillary Relief)
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Note: For the protection of privacy, the personal information in this decision has been redacted.
1.
Both parties apply for ancillary relief against each other.
2.
On the day of the trial, the parties’ open proposals were as follows:
1) The Petitioner:
a) There be an equal division of the matrimonial home in Palm Springs, Yuen Long (“the Former Matrimonial Home”)
b) There be equal division of assets between the parties. To achieve equal division, the Respondent should be ordered to pay a lump sum to achieve equalization of the matrimonial assets between the parties.
c) The Respondent pay costs to the Petitioner.
2) The Respondent:
a) The Petitioner shall have 50% of the net value of the Former Matrimonial Home after deducting various loans advanced by the Respondent, renovation costs, outstanding mortgage payments, and the deposit for purchasing the Former Matrimonial Home paid by Respondent. The Petitioner’s share of the net value of the Former Matrimonial Home be paid by the Respondent in instalments.
b) The Respondent shall transfer her shares in the Petitioner’s company (“Fxxxxxx”) to the Petitioner at nil consideration. The Petitioner shall indemnify the Respondent against all Fxxxxxx’s liabilities.
c) Parties retain all other assets in their own name.
3.
All monetary figures are in Hong Kong dollars unless otherwise specified.
A. BACKGROUND
4.
As at the date of the trial, the Petitioner (“the Husband”) is 62 years old and the Respondent (“the Wife”) is 58 years old. The parties do not have any children.
5.
I set out the chronology of the salient facts below:
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DATE
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EVENT
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12 October 1990
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Parties were married in Hong Kong
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16 July 1991
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Fxxxxxx was established
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16 May 1994
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Parties purchased the 1
st
Matrimonial Home (“Lido”)
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14 May 1996
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Parties purchased the 2
nd
Matrimonial Home (“Parc Versailles”)
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15 July 1996
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Parties sold Lido
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23 April 2003
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Parties purchased the 3
rd
Matrimonial Home (“Hong Lok Yuen”)
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22 October 2003
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Parties sold Hong Lok Yuen
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9 October 2003
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Wife learns of Husband’s extra marital affair with Ms Shang
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22 October 2003
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Husband signed a nomination document (“the Nomination”) for the Wife to purchase | | | | | | | |
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