Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Asset liquidation
  • 20 Apr 2022

    CWNI v. TCL

    Citation
    [2022] HKFC 89
    Court
    Family Court
    Case number
    FCMC8812/2021

    Application dismissed because the petitioner holds the vast majority of visible family assets (approximately 95% of net property value), factual disputes on income and source of funds require trial, and liquidation of readily realisable assets (eg, car park spaces) is the reasonable means to meet immediate needs rather than awarding MPS at this interim stage.