May It Please the Court® A Weblog of Legal News & Observations
Quote of the Day - There was a time when a fool and his money were soon parted, but now it happens to everybody. - Adlai E. Stevenson

Take my Ring, but don't Take my Money

Lee wanted to marry Yang. He worked in the United States, she worked in Hong Kong. To entice her to marry him, he gave her an engagement ring, and also added her name to his bank accounts.

She moved to the United States, and began living with him. She discovered letters from "men around the world" written to him professing their love. Apparently, he had several previous homosexual relationships that he had not disclosed to her.

Jilted, she called off the wedding. She also cleaned more than $350,000 out of their now joint bank accounts, which included some of her money. (She left a $500,000-a-year job to move the U.S., and was only able to find employment at $70,000 per year).

He sued of course.

The Court ruled that because he made the accounts joint and there was no written agreement, she was entitled to the money.

As a consolation prize, the Court gave him back the diamond (that came from his grandmother's engagement ring.)

Next time, I'm sure, he'll get it in writing.

Posted by J. Craig Williams on Friday, August 22, 2003


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