It's almost, nearly, possibly, finally over......
The Hong Kong courts handed down its judgment on the Nina Wang estate today, in favour of......
.......
.......
........the Chinachem Charitable Foundation. Revisit: http://trustprofessioninasia.blogspot.com/2009/07/summer-vacation-and-biggest-trust-case.html
The 326page!! summary is available on the Hong Kong Judiciary website: http://legalref.judiciary.gov.hk/doc/judg/word/vetted/other/en/2007/HCAP000008H_2007.doc
With billions at stake for Tony Chan Chun Chuen (and another's year's fee for his lawyers), I would be surprised if they will not appeal the case. Unless fung shui or Buddha tells him not to that is.
On a more professional note, his Honorable Justice MH Lam's opening remarks serve a nice reminder to all those in estate/succession/testamentary/inheritance work to impress on clients to better/properly plan to avoid similar situations where "The court often has to hear evidence about some darkest corners of a testator or testatrix’s affairs" and tie up their estate for 13years.
[Edit: Tony's been arrested (and later released on bail) for document forgery.]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment