Walkers secures victory in dispute over US$500m+ Macau Hotel and Casino

Walkers represented Chen Mei Huan in the recent BVI Commercial Court trial concerning the ownership of the New Century Hotel and Greek Mythology Casino in Macau, which is held via a BVI company, Peckson Limited.

Madam Chen successfully defended her right to beneficial ownership of the hotel, which was valued at around HK$4 billion (US$510 million) prior to the commencement of the claim, against a claim by Ng Man Sun (also known as Ng Wei) who asserted that he was entitled to be recognised as the true owner.

In his judgment, delivered on 28 February, the Hon. Justice Neville Adderley held that Madam Chen is, and has since 4 October 2011, been the only true beneficial owner of the Peckson shares and the only person entitled to be registered as their legal owner.

Walkers fielded a team of twelve, led by BVI Partner Rosalind Nicholson, across 3 time zones in bringing the dispute to its successful conclusion.