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宗氏信托资产界定有争议!宗馥莉:非21亿美元本金,仅其利息
2 1 Shi Ji Jing Ji Bao Dao·2025-08-01 16:11

Core Viewpoint - The core dispute in the lawsuit involving the Zong family trust, which involves assets worth up to $2.1 billion, centers on the definition of trust assets, with Zong Fuli asserting that the trust assets are merely the interest on fixed principal, not the principal itself [1][4]. Summary by Relevant Sections Trust Agreement and Asset Management - The trust agreement signed on February 2, 2024, outlines that Zong Fuli holds assets of Jian Hao Ventures Limited, with Zong Qinghou as the sole director [3]. - Zong Fuli claims she has rights to participate in the trust structure arrangements, emphasizing her role is not merely as an executor but as a stakeholder in the trust [3][6]. Legal Proceedings and Court Decisions - The Hong Kong High Court has approved the asset preservation request from Zong Jichang, Zong Jieli, and Zong Jisheng, placing restrictions on approximately $1.8 billion in assets held in a HSBC account [6][7]. - The injunction will remain in effect until final rulings are made by the Hangzhou Intermediate People's Court and the Zhejiang High People's Court regarding the family trust lawsuit [7]. Trust Structure and Distribution - The trust is set to be established with an initial scale of $2.1 billion, structured as an irrevocable trust, with distributions limited to interest earnings only, prohibiting any claims on the principal [4][5]. - The transition to a Private Trust Company (PTC) model is planned, with Zong Fuli initially acting as a shareholder of the trustee during the transition phase [5].