13 Nov 2012
Z v. X
- Citation
- Z v. X
- Court
- Court of Appeal
- Case number
- CACV166/2011
On the facts the Court of Appeal upheld the trial judge's finding that the Husband is the beneficial owner of 83.1% of NAIGL; held that the correct valuation of the Husband's interest in NUIGL for ancillary relief purposes is HK$105,000,000 (adopting EBITDA approach rather than unreliable single-day market price), directed equal (50/50) division of matrimonial assets on the facts of this long marriage, and allowed a credit of HK$12,400,000 for maintenance pending suit against the lump sum award; the Intervener's appeal failed.