Tag: divorce

ALL IS FAIR IN LOVE AND WAR?

During divorce proceedings, it comes as no surprise that the division of marital assets is usually one of the main disputes between spouses following the breakdown of a marriage. In Malaysia, the Court will consider each spouse’s contribution before dividing the marital assets.

EPISODE 2 – SHOW THE CHILDREN MONEY/想离婚?您有足够的钱吗?-第二部

Child maintenance for non-Muslims is governed under the Law Reform (Marriage and Divorce) Act 1976 (“LRA”). In Peninsular Malaysia, additional powers are given to the Court under the Married Women & Children Maintenance Act 1950 (“MWCMA”).

Going nuclear: Freezing assets in matrimonial proceedings/终极武器:在婚姻诉讼中冻结资产

In divorce proceedings, marital assets are frequently one of the most contested issues where spouses will respectively seek to lay their claim over these assets. It is not uncommon, especially in high net worth divorces, that a party will attempt to hide/dispose assets in order to defeat or reduce the value of the other party’s claim to it. This typically involves transferring assets to a third party such as a family member, channelling assets into a trust, or transferring monies to an offshore bank account.

DIVORCE? SHOW ME THE MONEY- EPISODE 1/想离婚?您有足够的钱吗?-第一部

In our previous article, we discussed about the enforcement of a Court Order obtained after the divorce proceedings. One of the terms that often included in the Court Order is spousal and/or children maintenance.