12 Nov 2021
KCMA v. ABC AND OTHERS
- Citation
- [2021] HKCFI 3392
- Court
- Court of First Instance
- Case number
- HCMC1/2019
The court found H failed to rebut the s17 presumption and had made dispositions with the requisite intention or at least created structures that would defeat W’s claim: transfers of Intero shares into the Family Trust (1 Nov 2015), Bremen shares into the Education Trust (1 Jul 2016) and transfer of the M______ Apartment to R4 (12 Sep 2016) were set aside and the assets restored for inclusion in the Family Pot. The court valued Intero at approximately HKD122.42m, computed the Family Pot at about HKD181.761m, applied equal division, awarded W a clean-break lump sum of HKD79.4m (after credit for…