13 Oct 2006
HAU CHAT TONG v. HAU CHAK LAM
- Citation
- HAU CHAT TONG v. HAU CHAK LAM
- Court
- District Court
- Case number
- DCCJ4772/2005
Judge found on balance that the Defendant was indebted in the sum of HK$2,058,838 after accounting for sale proceeds and costs, that the brothers agreed to reduce the indebtedness to HK$1,000,000 each with no interest, and that the Defendant's transfer of his 1/3 interest in the 2nd property was not a full and final settlement; consequently judgment was entered for the Plaintiff for HK$1,000,000 with interest and costs.