Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Cost budgeting
  • 9 Feb 2024

    WW v. LPQ formerly known as LLN and LSM AND OTHERS

    Citation
    [2024] HKFC 29
    Court
    Family Court
    Case number
    FCMC8485/2019

    On the evidence and broad‑brush analysis the Court was satisfied the 1st Respondent's financial position had not improved and she could not reasonably re-engage solicitors from her own resources or obtain public funding in time; the Petitioner has capacity to meet a reasonable award given available surrender value of insurance policies exceeding HK$5,000,000, and therefore the summons for litigation funding was allowed in the sum of HK$500,000 with specified payment schedule and strict conditions to protect the funds and final accounting.