Legal battle over Hong Kong tycoon Lim Por-yen’s HK$2.9b estate set to rumble on
A 15-year legal battle over late tycoon Lim Por-yen’s HK$2.9 billion (US$371.8 million) estate is set to continue, with rival parties preparing for further legal action after a Hong Kong court ruled that his third wife and children were entitled to inherit part of his estate. Lim’s estate lodged an appeal after losing the legal battle last year, while Pearl Ling Meng-chu, daughter of Lim’s third…
A prolonged legal battle is set to continue over the HK$2.9 billion estate of late Hong Kong tycoon Lim Por-yen, following a recent court ruling that granted parts of the inheritance to his third wife and children. Lim's estate is appealing the decision, with his daughter Pearl Ling Meng-chu indicating she may pursue further legal action.
Ling, also known as Pearl Lam, is the daughter of Lim and his third wife, Koo Siu-ying. The estate sought to validate a purported will signed in December 2004, but the court invalidated it due to Lim's severe dementia and lack of mental capacity to revoke a 1973 will. Ling's spokesman stated she is reviewing all options and not ruling anything out.
A directions hearing for the appeal will be held in November, with a cost judgment finding Lim's second son liable for the lawsuit expenses.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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