Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Interpretation of trust instrument
  • 13 Dec 2017

    CHU WAI TUNG v. WONG KA SEK AND ANOTHER

    Citation
    CHU WAI TUNG v. WONG KA SEK AND ANOTHER
    Court
    Court of First Instance
    Case number
    HCB4839/2016

    Leave to appeal dismissed because the post-hearing Resolution constituted fresh evidence created after the hearing and did not satisfy Ladd v Marshall (no reasonable diligence and no bearing on the position at the date of the bankruptcy order), the relevant legal test is the status of interests at the date of the bankruptcy order (16 Aug 2016) when the bankrupt's property vested in the trustee under BO ss 12 and 58, and objective construction of the Living Trust Agreement under Hong Kong law shows no present beneficial interest in the Son at that date so there is no reasonable prospect of suc…