Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Conduct/fiduciary duty
  • 30 Jun 2016

    WMY v. CSK

    Citation
    WMY v. CSK
    Court
    Family Court
    Case number
    FCMC17011/2011

    On the balance of probabilities the Husband failed to prove the existence of unpaid loans of ~HK$3.2m and the Wife's liability under the 13/12/2008 Loan Agreement; the court found the Husband diverted AMG receivables to SGFL and that SGFL and M&M are not family assets; the Wife did not conceal beneficial interest in MH Factory; the HK$600,000 from wife's maiden family is a financial liability of the Wife; given short marriage, post-separation accumulation and parties' earning capacities a walk-away outcome is fair and ancillary reliefs are dismissed, with a specific costs order in favour of t…