13 Nov 2012
Z v. X
- Citation
- Z v. X
- Court
- Court of Appeal
- Case number
- CACV252/2011
On the facts the Court upheld Saunders J's finding that the Husband beneficially owned 83.1% of NAIGL, adjusted the valuation of the Husband's interest in NUIGL to HK$105,000,000 (rejecting the Judge's lower figure), held that the assets in issue are matrimonial and ordered equal division of matrimonial assets (50/50), and allowed credit of HK$12,400,000 for maintenance pending suit against the lump sum due to the Wife; the Intervener's appeal was dismissed and parties ordered to submit draft orders and costs submissions.