Son of late Hong Kong billionaire Eric Hotung awarded HK$1 after 15-year legal feud over trusts ends

Son of late Hong Kong billionaire Eric Hotung awarded HK$1 after 15-year legal feud over trusts ends

South China Morning Post - Hong Kong·2021-03-10 12:03

Anthony Hotung took his father and businesswoman Winnie Ho Yuen-ki to court in June 2006, over allegations about her breach of duty as a trustee

He did not know about his interests in the two trusts until around 2000, although he turned 21 in March 1987

A Hong Kong court on Tuesday concluded a 15-year legal feud within the family of late billionaire Eric Hotung by awarding HK$1 to one of his sons who was not told about his interests in two trusts upon reaching the majority age of 21.

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