Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Distribution of estate proceeds

Legal area

Court

28 May 2018

LEE UEK FONG AND ANOTHER v. LEE YIU FAI, the administrator of the estate of Lee Chow Ping, deceased

Citation

[2018] HKCFI 1157
Court

Court of First Instance
Case number

HCMP2904/2016

The November 2017 Account was materially defective (no opening/closing balances; improper inclusion of pre‑death rental income and pre‑death expenditures as estate income/expenses; failure to disclose potential liabilities owing to the defendant; insufficient supporting documentation; failure to account for the estate's 50% share and an unexplained surplus of approximately HK$622,208). Accordingly the defendant breached his duty to keep and render proper accounts and the court ordered compliance with the originating summons reliefs and made directions for sale and distribution of the Property.
19 Apr 2017

RE KWAN NGOK (EXECUTOR OF THE ESTATE OF FU STANLEY ZAI SUI, DECEASED)

Citation

RE KWAN NGOK (EXECUTOR OF THE ESTATE OF FU STANLEY ZAI SUI, DECEASED)
Court

Court of First Instance
Case number

HCMP263/2017

Given the lack of pursuit of Sansiao's asserted claims despite notice and publication, the disputed guarantee claim was not proven to create an immediate viable charge on the estate, the beneficiary had given an indemnity and no greater protection was necessary, the court granted ex parte sanction for the executor to distribute the net sale proceeds to the beneficiary and ordered costs to be paid from the estate on an indemnity basis.