Advertisement

Feuding family of late Hong Kong tycoon Henry Fok call for time out to consider alternatives to court battle

  • Tycoon’s daughter Nora Fok granted adjournment of 48 hours to ‘find a way out’ of dispute over option to buy back a valuable share in a Guangzhou development
  • Presiding judge says he would ‘welcome any serious attempt to settle’, noting that continuing the trial may not be good for the family’s image and reputation

Reading Time:3 minutes
Why you can trust SCMP
The High Court has so far heard five days of opening speeches from all parties. Photo: Warton Li

The feuding members of late Hong Kong tycoon Henry Fok Ying-tung’s family have put the brakes on their ongoing court fight over his HK$11.3 billion estate in response to the judge’s call for them to consider alternatives to further litigation.

Advertisement

The High Court on Tuesday granted Nora Fok Lai-lor, the tycoon’s daughter, an adjournment of 48 hours, in an application that was also supported by her siblings and fellow plaintiffs, Benjamin Fok Chun-yue and Patricia Fok Lai-ping.

“Your lordship’s words at the close of play on Friday and yesterday have not fallen on deaf ears,” Nora’s counsel, Benjamin Yu SC, told Mr Justice David Lok Kai-hong. “Certainly it seems to us … there should be a serious attempt to try to find a way out instead of having final adjudication in this matter.”

But Yu added: “Asking for time should not be treated or seen as any indication we are less confident now.”

Advertisement
Advertisement