Core Points - The Hong Kong High Court ruled in favor of the plaintiffs, prohibiting Zong Fuli from handling or disposing of approximately $1.8 billion in assets held in a HSBC Hong Kong account, which is linked to Jian Hao Ventures Limited [1] - The dispute centers around whether the trust property amounts to $2.1 billion or just the interest generated from it, with the plaintiffs asserting that the assets in the HSBC account should be allocated to an offshore trust [1][3] - Zong Fuli contends that only the interest from the fixed capital of $2.1 billion constitutes trust assets, not the capital itself [4] Summary by Sections Trust Establishment and Dispute - In February 2024, Zong Qinghou entrusted Zong Fuli to establish three offshore trusts for his children, with each trust initially set at $700 million, totaling $2.1 billion [2][6] - The High Court noted that while the trust establishment plan exists, the offshore trust has not been formally established, leading to disputes over the definition of trust assets [3][9] Legal Agreements and Actions - A temporary injunction was sought by the plaintiffs in December 2024 to prevent Zong Fuli from diminishing the value of the assets in the HSBC account [1] - An agreement was reached in March 2024, confirming the validity of Zong Qinghou's will and the arrangement of the trusts, which are to be irrevocable and focused on interest distribution only [6] Conflicts of Interest - The core issue arises from the conflict of interest between Zong Fuli, who is responsible for establishing the trusts, and the beneficiaries, her siblings [8][9] - Legal experts suggest that the lack of clarity in the trust's establishment and the responsibilities of Zong Fuli as a trustee have contributed to the ongoing disputes [8][9]
宗氏继承战中信托资产的争议点是什么?
3 6 Ke·2025-08-04 00:21