8 Feb 2017
TANG YING IP AND OTHERS v. TANG YING LOI
- Citation
- TANG YING IP AND OTHERS v. TANG YING LOI
- Court
- Court of Final Appeal
- Case number
- FACV9/2016
D1's use of estate funds to purchase the Property was an unauthorised misapplication constituting a breach of trust; beneficiaries elected to affirm the transaction and therefore acquired a proprietary interest entitling them to a share of the increase in value; repayment by D1 did not discharge that proprietary claim; appeal dismissed and accounts and enquiries below confirmed.