6 Jul 2012
TCWF v. LKKS
- Citation
- TCWF v. LKKS
- Court
- Court of First Instance
- Case number
- HCMC5/2008
Judge found D‑Day dispositions and 2006 CLA set aside; the husband is legal and beneficial owner subject to amorphous rights of the father but those contingent rights do not remove assets from account; rejected doctrine of dynastic custodianship; assessed husband’s net worth at HK$6,426.2m and total divisible assets HK$6,505m; applied sharing principle but departed from equal sharing because of the father's extraordinary contribution and rights; fixed wife's share at 20% of total (HK$1,301m), credited her assets HK$79m, leaving net payable HK$1,222m; awarded Duxbury capital HK$215m for wife,…