Lock Yeng Fun v Chua Hock Chye: Division of Matrimonial Assets & Lump Sum Maintenance After Long Marriage

In Lock Yeng Fun (mw) v Chua Hock Chye, the Singapore High Court addressed the division of matrimonial assets and maintenance following a divorce. The court, presided over by Lee Seiu Kin J, ordered a 60/40 split of matrimonial assets in favor of Chua Hock Chye, considering his greater financial contributions, and a lump sum maintenance payment of $60,000 from Chua Hock Chye to Lock Yeng Fun, taking into account her age and limited employment prospects after a long marriage. The decision was made on 14 December 2006.

1. Case Overview

1.1 Court

High Court

1.2 Outcome

Appeal dismissed.

1.3 Case Type

Family

1.4 Judgment Type

Grounds of Decision

1.5 Jurisdiction

Singapore

1.6 Description

Singapore High Court case concerning the division of matrimonial assets and a lump sum maintenance payment after a 30-year marriage. The court ordered a 60/40 asset split and $60,000 maintenance.

1.7 Decision Date

2. Parties and Outcomes

Party NameRoleTypeOutcomeOutcome TypeCounsels
Chua Hock ChyeRespondentIndividualOrders upheld.Won
Lock Yeng Fun (mw)Petitioner, AppellantIndividualAppeal dismissed.Lost

3. Judges

Judge NameTitleDelivered Judgment
Lee Seiu KinJudgeYes

4. Counsels

Counsel NameOrganization
Helen ChiaClifford Law Corporation

4. Facts

  1. Parties married in 1975 and divorce petition filed in 2005.
  2. Petitioner stopped working after the birth of their first child to care for the family.
  3. Respondent was the primary breadwinner, working in foreign banks and later starting a training business.
  4. Matrimonial assets mainly comprised the matrimonial home valued at $1.7 million.
  5. Petitioner asked for a 70:30 split of the matrimonial home in her favor.
  6. Respondent's other assets were valued at $230,000, while the petitioner's were valued at $577,000.
  7. Petitioner sought a lump sum maintenance of $144,000.

5. Formal Citations

  1. Lock Yeng Fun (mw) v Chua Hock Chye, D 2059/2005, [2006] SGHC 230

6. Timeline

DateEvent
Marriage registered
First matrimonial home purchased
Daughter born
Son born
Present matrimonial home purchased
First matrimonial home sold
Respondent retrenched from Chase Manhattan Bank
Respondent retrenched from Standard Chartered Bank
Respondent retrenched from Chubb Insurance Group
Divorce Petition filed
Decree nisi granted
Ancillary orders made
Petitioner appealed against orders
Grounds of decision given

7. Legal Issues

  1. Division of Matrimonial Assets
    • Outcome: The court ordered a 60/40 split of the matrimonial assets in favor of the respondent, considering his greater financial contributions.
    • Category: Substantive
    • Sub-Issues:
      • Valuation of matrimonial assets
      • Direct financial contributions
      • Indirect non-financial contributions
  2. Lump Sum Maintenance
    • Outcome: The court ordered a lump sum maintenance payment of $60,000 from the respondent to the petitioner.
    • Category: Substantive
    • Sub-Issues:
      • Assessment of maintenance amount
      • Earning capacity of parties
      • Financial needs of parties

8. Remedies Sought

  1. Division of Matrimonial Assets
  2. Maintenance

9. Cause of Actions

  • Divorce

10. Practice Areas

  • Divorce
  • Family Law

11. Industries

  • Banking
  • Insurance
  • Training and Consultancy

12. Cited Cases

Case NameCourtAffirmedCitationJurisdictionSignificance
Ng Hwee Keng v Chia Soon Hin WilliamCourt of AppealYes[1995] 2 SLR 231SingaporeCited to determine the appropriate division of matrimonial assets in a divorce case, considering financial and non-financial contributions of each party.

13. Applicable Rules

Rule Name
No applicable rules

14. Applicable Statutes

Statute NameJurisdiction
Section 112(2) Women's Charter (Cap 353, 1997 Rev Ed)Singapore
Section 114(1) Women's Charter (Cap 353, 1997 Rev Ed)Singapore

15. Key Terms and Keywords

15.1 Key Terms

  • Matrimonial Assets
  • Lump Sum Maintenance
  • Division of Assets
  • Financial Contribution
  • Non-Financial Contribution
  • Women's Charter
  • CPF
  • Retrenchment

15.2 Keywords

  • Divorce
  • Matrimonial Assets
  • Maintenance
  • Singapore
  • Family Law
  • Lump Sum
  • Division

17. Areas of Law

16. Subjects

  • Family Law
  • Divorce
  • Matrimonial Assets
  • Maintenance