Read the full judgment text of FCMC 14552/2013 on BabelCite. This Family Court judgment was delivered on 16 December 2016 before Her Honour Judge Sharon D. Melloy.
Matrimonial Causes – District Court – Beneficial ownership – Property dispute – Oral agreement – Resulting trust – Costs – 1st Intervener declared sole beneficial owner of 16C property and car park L1 13 and IR property – Petitioner to pay costs – Husband and wife married 1992 – 16C purchased 1994 in wife's name – 1st Intervener claims purchase via oral agreement 1999 for HK$6.5 million – Court finds 1st Intervener paid purchase price and title deeds delivered – IR property purchased via H Limited 2010 – Court finds 1st Intervener sole beneficial owner – Wife's evidence not credible – Costs follow event
Legal issues: Ownership of 16C Property · Oral Agreement for 16C and Car Park · Loan of HK$2.5 Million · Ownership of IR Property
Outcome: 1st Intervener declared sole beneficial owner of 16C property and car park L1 13 and IR property. Petitioner to pay costs.