Read the full judgment text of FCMC 13532/2015 on BabelCite. This Family Court judgment was delivered on 30 June 2020 before HH Judge C.K. Chan.
Matrimonial causes – beneficial ownership – constructive trust – resulting trust – presumption of advancement – Hong Kong Property – Canadian Property – express agreement not proven – purchase price payment disputed – presumption of advancement rebuts resulting trust – Husband holds 1/3 share in Hong Kong Property and 1/2 share in Canadian Property – Wife awarded 70% costs
Legal issues: Express agreement for common intention constructive trust · Payment of purchase price · Presumption of advancement vs resulting trust
Outcome: Husband holds beneficial shares in Hong Kong and Canadian properties; no beneficial title in PRC property.
Cited by 1 case · Cites 8 cases