Read the full judgment text of CACV 116/2010 on BabelCite. This Court of Appeal judgment was delivered on 3 November 2010.
1. The plaintiff is the elder brother of the defendant. He claims that a property known as the Basements of Block A and B, Grand Court, No. 18 Caine Road, Hong Kong (‘the property’), which is registered in the name of the defendant, belongs to him beneficially because he wholly provided for the purchase price of the property in the sum of $330,000. The defendant had subsequently, without the knowledge and consent of the plaintiff, mortgaged the property to obtain credit facilities of $500,000 f
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