UZN v UZM – Dissipation of Assets and Adverse Inference: A Lawyer’s Perspective Part 1 Rationale Behind Division of Matrimonial Assets

UZN v UZM – Dissipation of Assets and Adverse Inference: A Lawyer’s Perspective Part 1 Rationale Behind Division of Matrimonial Assets By PracticeForte co-founder Susan Tay This is my article on the case of UZN v UZM. You can read the one from the perspective of a forensic accountant, Wan Yew Fai of Strix Strategies Pte Ltd, here. In this article, I will share my perspective as a lawyer. Before I start on the case proper, I think some background on the rationale of dividing matrimonial assets may be useful. Why Should I Split My Assets with The One I Am Going to Divorce? I often hear this from clients, whether husband or wife: it is not fair, this is…

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UZN vs UZM: Undisclosed Assets and Adverse Inference- A Forensic Accountant’s Perspective

UZN vs UZM: Undisclosed Assets and Adverse Inference- A Forensic Accountant’s Perspective Article By PracticeForte Advisory Affiliate Wan Yew Fai, CA (Singapore), CPA (Australia), B. Acc (Singapore) In matrimonial cases, it is not uncommon that one spouse will hide assets from the other spouse, especially when the marriage is on the rocks. If this were a corporate or commercial case, that would likely have been classified as “cheating” and be deemed a criminal act. Between a husband and wife however, the recourse for the party being deprived of these hidden assets is adverse inference. In this article, I will share my analysis of how the High Court and subsequently the Court of Appeal applied adverse inference in the case of…

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