Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Trust termination
  • 10 Jul 2014

    RE TAM MEI KAM

    Citation
    RE TAM MEI KAM
    Court
    Court of Appeal
    Case number
    CACV39/2014

    Security for costs was ordered because the appellant is an undischarged bankrupt with insufficient accessible assets, there is a real risk that an adverse costs order would further deplete the bankruptcy estate, the appellant's contentions about recovery from the Karen Trust or entitlement to accrued maintenance do not constitute sufficient countervailing factors, and the appeal is not strongly meritorious; accordingly HKD 307,500 was ordered as security to be lodged within 56 days with stay and dismissal consequences for default.