Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Compensation for loss of chance
  • 28 Dec 2021

    LYH v. YHKB

    Citation
    [2021] HKFC 262
    Court
    Family Court
    Case number
    FCMC2164/2009

    Husband intentionally failed to disclose pre-existing negotiation/sale of family business EEL before and at time of consent orders; proceeds are fruits of the marital enterprise and therefore matrimonial property to be shared on ordinary sharing principles; equal sharing applies absent good reason to depart; wife entitled to half the proceeds plus compensation for loss of opportunity; awarded total lump sum HK$79,500,000 to be paid by husband within 60 days.