18 Feb 2000
LAM SO YUK HANG MINNIE AND OTHERS v. SUPERYIELD HOLDINGS LTD. AND OTHERS
- Citation
- LAM SO YUK HANG MINNIE AND OTHERS v. SUPERYIELD HOLDINGS LTD. AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP6440/1998
Judge found on the evidence that the 2nd respondent arranged and provided the funds for the purchase of the Ascot Villa Property and was the beneficial owner of Superyield Holdings Ltd and Superyield Construction; the deceased was a nominee/director only and had no beneficial interest; any presumption of resulting trust was displaced by evidence and by the presumption of advancement in the familial relationship; accordingly the petition alleging unfair prejudice failed and must be dismissed.