Read the full judgment text of FCMC 9062/2015 on BabelCite. This Family Court judgment was delivered on 12 May 2017 before Deputy District Judge K K PANG.
Matrimonial Causes – Beneficial interest – Bank accounts – Property investment – Resulting trust – Constructive trust – Presumption of advancement – District Court – Preliminary issues – Costs – Mother found to be 100% beneficial owner of bank accounts (save HK$681,183.53), 40% beneficial owner of Shop 9, and 50% beneficial owner of Metro Harbour View. Husband ordered to pay costs.
Legal issues: Beneficial interest in bank accounts · Beneficial interest in Shop 9 · Beneficial interest in Metro Harbour View · Presumption of advancement · Costs of preliminary issues
Outcome: Mother found to be 100% beneficial owner of bank accounts (save HK$681,183.53), 40% beneficial owner of Shop 9, and 50% beneficial owner of Metro Harbour View. Husband ordered to pay costs.
Cites 2 cases