24 Aug 2015
CHINACHEM CHARITABLE FOUNDATION LTD v. THE SECRETARY FOR JUSTICE AND OTHERS
- Citation
- CHINACHEM CHARITABLE FOUNDATION LTD v. THE SECRETARY FOR JUSTICE AND OTHERS
- Court
- Court of Final Appeal
- Case number
- FACV9/2014
The Court exercised its discretion to refuse to order any part of the Foundation's costs of the appeal to be paid out of Nina Wang's estate and to decline to order the Foundation to pay the other parties' costs because enforcing such an order would lead to the Foundation's insolvency and prejudice the administration of the testamentary trusts; the Foundation acted imprudently but not in bad faith.