17 Jun 2016
RE CHOY YUK CHUN
- Citation
- RE CHOY YUK CHUN
- Court
- Court of First Instance
- Case number
- HCB5203/2008
Balancing creditors' interests and the co-owner's personal and family circumstances, the court found no exceptional circumstances nor very great hardship to preclude sale; accordingly an order nisi for sale was granted under the Partition Ordinance and Bankruptcy Ordinance, with net proceeds to be divided 50/50 and the bankruptcy estate to be satisfied from the bankrupt's share; trustees' application succeeded and their costs were to be paid from the estate (assessed HK$100,000).