Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Foreign/complex assets
  • 20 Jan 2020

    AK v. MYNT

    Citation
    [2020] HKFC 28
    Court
    Family Court
    Case number
    FCMC16285/2017

    The court ordered transfer to the Court of First Instance because the legal and factual issues are highly complex, involve a substantial foreign element (an ongoing s.17 application concerning overseas trusts), and the capital value of the assets is very high (undisputed assets ~HKD255 million plus claimed USD69 million trusts); the parties agreed transfer and the transfer is made pursuant to Rules 32 and 80 and Practice Directions 15.4 to take effect after pronouncement of the Decree Nisi.