Read the full judgment text of CACV 151/2013 on BabelCite. This Court of Appeal judgment was delivered on 23 April 2015 before Hon Cheung JA, Hon Yuen JA, Hon Kwan JA.
Civil Appeal – Leave to appeal to Court of Final Appeal – “as of right” ground – Property value threshold – Beneficial ownership of shares – Whether value clearly quantifiable at $1 million or more – 20 million shares in Nicegood Properties Limited – Par value $20 million – Financial statements showing assets over $413 million – Distinguishable from Pacific Electric Wire & Cable Co Ltd – Leave granted.
Legal issues: Whether appeal involves property claim of $1 million or more
Outcome: Leave to appeal granted to the wife and the intervener on the 'as of right' ground.
Cites 4 cases