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3 February 2014

Top investment banking wife and stay-at-home husband in £11m divorce battle

House husband Weng Choy filed for divorce from his "breadwinner" wife Lena Tan after a row on a New Year's Eve holiday in Singapore proved the "final straw", lawyers say, reports The Telegraph.

A top investment banker and her stay-at-home husband are locked in an £11m divorce battle, after an argument on a family holiday ended their marriage.

House husband, Weng Choy, filed for divorce from his "breadwinner" wife, Lena Tan, in January 2012, after a row days earlier on New Year's Eve, whilst on a family holiday in Singapore, proved the "final straw", lawyers say.

Ms Tan and Mr Choy lived an opulent lifestyle during their 15-year marriage, enjoying homes in Hong Kong and Malaysia, a staggering £1m wine collection and the "jewel in the crown" of their marital assets, an unmortgaged £4.5m apartment in Kensington.

Now Mr Choy, 56, is asking the English courts to hand him a slice of the marital assets - valued by lawyers at £11m - while his wife insists he has no right to divorce her in the UK.
London's Appeal Court heard that the jet-setting "international" couple, whose two sons boarded at English public schools, split up in January 2012, when Mr Choy, 56, filed for divorce in the English High Court, after a blazing row on New Year's Eve 2011.

Mr Choy - who his lawyers say was a banker too, before quitting work to care for the couple's children - claims he sacrificed his own career on behalf of his wife's ambition.

He now wants the UK court to handle the divorce, whilst Ms Tan, 54, a leading hedge fund manager who has worked in the city as well as the Far East, has initiated rival divorce proceedings of her own in Malaysia.

Read more on this story here.