Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Trusts and tracing
  • 17 Mar 2015

    WSW v. CKU

    Citation
    WSW v. CKU
    Court
    Family Court
    Case number
    FCMC3040/2008

    Judge found parties largely financially independent and that fairness required each to retain their own separately held assets while jointly held properties be sold and proceeds shared equally; found TJ Investment purchase (House T7) included funds held on trust for late husband's beneficiaries and the Wife had rendered inadequate disclosure warranting adverse inference of undisclosed assets notionally assessed; ordered sale of three joint China properties with net proceeds divided equally; ordered child maintenance of HKD 10,000 per child per month backdated to 1 Jan 2009 and set off against…