Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Bare trust/beneficial ownership
  • 7 Oct 2022

    LPM v. LKH

    Citation
    [2022] HKFC 214
    Court
    Family Court
    Case number
    FCMC844/2019

    Court found on the evidence substantial intermingling and joint participation in acquisition and management of the principal properties so 46F, 21G and 51E are included in the matrimonial asset pool; the HK$2M mortgage on 46F is a family liability; W had made an exceptional financial contribution by receiving and deploying large gifts from Mr E but H had made valid contributions; applying s.7 the sharing principle applies with a significant departure from equality justified by W's special contribution and short marriage: total net assets HK$24,299,953.59, set aside HK$8,776,000 for the child'…