A while ago, the Hong Kong magnate Huo family once again broke out the century war for property, and there was once again infighting between the big houses, and the third brother Huo Zhenyu joined forces with two sisters to sue the eldest brother Huo Zhenting and the second brother Huo Zhenhuan in court again, the purpose of course was still for the purpose of interest disputes.
The focus of this lawsuit is that some people want to get back the rights and interests of more than 30,000 mu of land in Nansha from the Fok Yingdong Fund, and the Huo family believes that this part of the equity is worth 9 billion yuan. Of course, some estimate that the value of equity is more than 25 billion.
Fok Ying Tung bought a large amount of land in Nansha that year, and he later donated the land to the Fok Ying Tung Foundation in 1997.
According to the division of family property, the big house side is in charge of the family rights and interests, the big house side has three sons, the third brother Huo Zhenyu is in charge of the Nansha project, and the second brother Huo Zhenting is in charge. This leads to a dispute, whether the ownership of the rights and interests of the Nansha land belongs to the Fok Ying Tung Fund or the Fok Ying Tung family company?
When Fok Yingdong donated land rights and interests to the Fok Yingdong Charity Fund, was it a temporary transition or a genuine charity?
Most people believe that the repurchase agreement left by Huo Yingdong is not really to be repurchased, if it is true, he himself should have expected this matter to leave a tail before his death, which will leave endless hidden dangers for his descendants and should be dealt with as soon as possible.
After all, from the time when Huo Yingdong carefully divided the family property, it can be seen that he has already received the experience of the gambling king family to avoid the embarrassing situation of the four-room wife and 17 children of the gambling king family going to court. As you can see, ten years before the death of the gambling king, in 2009, he began to fight a lawsuit to divide the family property, until before and after his death, the lawsuit can be described as a non-stop, until today, the lawsuit is still continuing.
In this case, Huo Yingdong, as the head of the family, of course did not want to see it, so he was perfect for the division of family property, tilting most of the family property to the big house, avoiding family disputes, and the three sons were also based on their personalities, the eldest son Huo Zhenting was more benevolent and kind, so he let him take charge of the cultural and sports business; the second son Huo Zhenhuan was vigorous and vigorous, so he let him continue to take charge of the family business; as for the younger son Huo Zhenyu, he was in charge of the cause of Nansha. As for the two-bedroom and three-house women, they are not allowed to engage in family business.
This division of family property, which could have been regarded as perfect, had no choice but to leave such a small tail, and the result was endless.
Not long after Fok Yingdong's death in 2006, there was first infighting on the Side of Dafang, and as a result, under the mediation of former Chief Executive Tung Chee-hwa, the two sides finally shook hands and made peace. However, not long after, the third brother Huo Zhenyu began to sue the second brother Huo Zhenhuan, accusing him of not handing over the power according to the agreement, while the second brother claimed that there was no such thing.
This hidden danger has been making trouble until today, and it is only at the end of last year that the Huo family once again broke out the news of the court. Huo Zhenyu joined forces with his two sisters and determined that the second brother had embezzled his rights and interests, so he insisted on appealing.
This magnate century lawsuit is on the verge of breaking out, and both sides have hired the famous big situation to wait.
Not long after the lawsuit began, it coincided with the Lunar New Year, and on the occasion of this festive season, the presiding judge advised them to adjourn the peace talks. However, the negotiations were inconclusive at that time, and the case continued to be heard.
On the occasion of this New Year's Festival, the children of the Huo family also sat down well, and finally calmly talked once, and the final result was also expected by everyone - a reconciliation was reached.
As for the settlement, an internal agreement was certainly reached. However, this internal agreement is still temporarily confidential and will not be made public. However, it is gratifying that this hair-trigger lawsuit has finally reached an internal settlement at the beginning stage.
I hope that this time is a real reconciliation, both sides show sincerity, and I also hope that they can jointly make the Huo family's cause bigger and stop infighting, which is also what Huo Yingdong under the Nine Springs hopes to see.