JUST IN! Wealthy Couple Retains £4 Million Mansion Against Nephew’s Claims

In a recent legal battle that unfolded at the Central London County Court, a wealthy couple, self-made millionaire Michael Lee, 79, and his wife King-Su Huang, 73, emerged victorious in their lawsuit against their nephew, Cheng-Jen Ku, 40.

The dispute revolved around the ownership of a £4 million house in Kensington’s Queen’s Gate Place Mews. Ku had claimed ownership of the property, despite it being purchased in his name by his aunt and uncle back in 2004.

The couple explained that they used Ku’s name for the property due to “privacy reasons” and to prevent their substantial wealth from becoming public knowledge. Initially, Ku lived in the house, but he later asserted that the property had been “gifted” to him, following Taiwanese tradition, by his affluent aunt.

During the trial, Judge Alan Johns raised doubts about Ku’s claims, as his actions did not align with those of a true owner. Ultimately, Judge Johns ruled in favor of Mr. Lee and Mrs. Huang, declaring that the house was held in trust by Ku for Mrs. Huang.

In addition to losing ownership of the house, Ku was ordered to cover his aunt and uncle’s legal expenses, estimated at £115,000, as well as his own legal fees, which were anticipated to be around £35,000. The legal victory reinforced the couple’s rightful ownership of the valuable property.

The case shed light on a family dispute that saw a once “cute little kid” become embroiled in a legal battle over a multimillion-pound mansion. As the property’s value has more than doubled since its purchase, it underscores the significance of defining property ownership and the importance of upholding agreements made between family members.