4 May 2007
MA MEE KIU AND OTHERS v. CHAU CHUN YUEN
- Citation
- MA MEE KIU AND OTHERS v. CHAU CHUN YUEN
- Court
- Court of First Instance
- Case number
- HCA495/2003
On the balance of probabilities the court found the 10-year agreement existed and discharged the 1990 buy-out insofar as it converted the instalment payments into an obligation repayable by deduction from the defendant's share of estate income for ten years; the court held the defendant remains liable to repay the indebtedness of $164,000 to the estate; the defendant is entitled to his due share of estate income from 4 April 2000; disputed assets (notably Wing Fung Laan and certain properties) were found to be gifts/beneficially owned by the defendant and not estate assets; consequential orde…