Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Freezing orders/mareva
  • 9 Dec 2022

    YB v. LX

    Citation
    [2022] HKFC 272
    Court
    Family Court
    Case number
    FCMC596/2022

    The court found material non‑disclosure of a prior agreement to sell but, weighing all circumstances and the need to preserve disputed matrimonial assets and given dissipation of the deposit and respondent's conduct, discharged the mandatory payment and global asset freeze provisions that would prejudice third parties (Paragraphs 1 and 2(1) and disclosure paragraphs) but continued the restraint preventing completion of the sale of the Properties (Paragraph 2(2)) pending further order; costs ordered nisi against respondent for the discharge application and other costs reserved to trial judge.