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Prest divorce case clarifies limits of a corporate holding of assets in Hong Kong

When Mr Prest, a successful oil trader, and his wife of 15 years divorced, the High Court in London ordered that Mr Prest pay Mrs Prest a lump sum of £17.5 million (HK$210 million). Mr Prest did not pay.

14 Aug 2013 - 3:19AM

When Mr Prest, a successful oil trader, and his wife of 15 years divorced, the High Court in London ordered that Mr Prest pay Mrs Prest a lump sum of £17.5 million (HK$210 million). Mr Prest did not pay.

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