13 Nov 2012
Z v. X
- Citation
- Z v. X
- Court
- Court of Appeal
- Case number
- CACV251/2011
On the facts and evidence the Court upheld the trial finding that the Husband is the beneficial owner of 83.1% of NAIGL; accepted that the correct valuation of the Husband’s interest in NUIGL is HK$105,000,000 (rejecting the trial discount to HK$65,000,000); concluded the assets identified are matrimonial and, applying the sharing principle with no sufficient justification for departure, ordered equal division of matrimonial assets; allowed credit of HK$12,400,000 for maintenance pending suit; dismissed the Intervener's appeal.