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April 1, 2011

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Relationship sours, court divides assets

JUDGES in Putuo District helped settle a dispute over assets between a wealthy Chinese American woman and her Chinese ex-boyfriend.

American Yang Chung-Chih agreed that a BMW belonged to her ex-boyfriend Fu Zhouyu, who is 20 years younger.

Fu agreed to return 220,000 yuan (US$33,537) to Yang for car purchase payments.

An apartment registered in Fu's name was ruled as Yang's although she was told to pay 370,000 yuan in compensation for decoration costs.

Fu became Yang's boyfriend in 2005 and was supported by the woman. In return, Fu was expected to accompany her all day when she stayed in Shanghai.

Yang spent 580,000 yuan on a BMW and bought an apartment with a down payment of 560,000 yuan. Both the car and the apartment were registered in Fu's name.

The apartment was registered in Fu's name because foreigners are only allowed to buy one apartment in the city, the Putuo District People's Court heard.

When Yang came to Shanghai during the World Expo last year, Fu asked to break up because another woman was willing to pay him 5 million yuan for his companionship.

Fu said their relationship could continue if Yang agreed to pay him 5 million yuan.

She sued to get back both the car and the apartment.

Fu insisted the car was a gift from Yang and that they co-owned the apartment. Although Yang made the down payment, he had paid to decorate and furnish the flat, the court heard.

The court ruled the car belonged to Fu because he used it the most. Through court mediation, Yang agreed to accept 220,000 yuan as reimbursement for car payments.

The apartment, appliances and furniture were awarded to Yang, the court said.


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