Feuding family members of late Hong Kong tycoon Henry Fok have made ‘some progress’ towards settlement, court hears
- The judge in the case has granted an application for an adjournment of another 24 hours to allow talks between the parties to continue
- Mr Justice David Lok has repeatedly urged the family members to avoid going to trial out of concern there will be ‘further damage to relations’ once witnesses start testifying
The late Hong Kong tycoon Henry Fok Ying-tung’s feuding family has made “some progress” towards settling an ongoing dispute over his HK$11.3 billion estate, a court has heard.
However, it remained unclear whether an overall settlement was possible, with parties requesting another 24 hours for talks in an application granted by Mr Justice David Lok Kai-hong on Thursday.
Should the talks fail, the trial will proceed on Friday with the testimony of the first witness, Benjamin Fok Chun-yue.
Asked about the chances of a settlement outside court on Thursday, Benjamin would only say: “There’s progress.”
The development came after the judge’s repeated calls for parties to “consider other options” out of concern there would be “further damage to relations” once witnesses start testifying in court.