12 Jan 2024
LAU KIN SHUN FREEMAN, Administrator of estate of LAU WAI CHAU, deceased v. The estate of LAU YU HI, deceased AND OTHERS
- Citation
- [2024] HKCFI 175
- Court
- Court of First Instance
- Case number
- HCMP3209/1996
The summonses for interim distribution were dismissed because a prudent assessment of the estate's existing and contingent liabilities (estimated at approximately HKD 69.27 million) exceeded the available compensation (approximately HKD 45.4 million), such that releasing funds would risk leaving the estate unable to meet liabilities; the late affirmation was not admitted for failure to show special grounds; a costs order nisi was made against the applicants.