Hong Kong Leading Case purchase moneypresumption of advancementcommon intentionbeneficial ownership

Cheung Pui Yuen and Others v Worldcup Investments Inc and Others

(2009) 12 HKCFAR 31

JurisdictionHong Kong

CourtCourt of Final Appeal (HKCFA)

Year2009

StatusBinding authority

Key Principle

Resulting trusts arising from contribution to purchase price, and the presumption of advancement, are evidential tools only; the presumption of advancement is no more than an evidential presumption whose weight varies with the circumstances and is readily rebuttable.

Area of Law

Equity, Trusts & Restitution

Related Cases

Tang Ying Loi v Tang Ying Ip (alias Tang Ying Yip) and Others (2017) 20 HKCFAR 53; [2017] HKCFA 3

Mo Ying v Brillex Development Ltd and Another [2015] 2 HKLRD 985; [2015] HKCA 156

Libertarian Investments Ltd v Hall (2013) 16 HKCFAR 681; [2013] HKCFA 93

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