LO WO AND OTHERS v. CHEUNG CHAN KA JOSEPH AND ANOTHER
The March 1995 valuation report was too temporally remote from the July 1993 agreement that gave rise to the market value dispute and therefore was not relevant and should not be admitted; deficiencies in disclosed basis would affect weight not admissibility, but that did not remedy the lack of relevance, so leave to adduce the report was refused.
- Citation
- LO WO AND OTHERS v. CHEUNG CHAN KA JOSEPH AND ANOTHER
- Parties
- 1st Plaintiff: LO WO; 2nd Plaintiff: LO TAI; 3rd Plaintiff: LO LAN; 1st Defendant: CHEUNG CHAN KA, JOSEPH; 2nd Defendant: BOND STAR DEVELOPMENT LIMITED
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 26 August 1999
- Case Number
- HCA618/1997
- Procedural Posture
- Civil Action / Pre Trial Review
- Outcome
- Application for leave to adduce the March 1995 valuation report by the 2nd Defendant refused.
- Legal Topics
- Expert Evidence, Admissibility, Relevance, Valuation Reports, Market Value Determination
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
LO WO
1st Plaintiff
LO TAI
2nd Plaintiff
LO LAN
3rd Plaintiff
CHEUNG CHAN KA, JOSEPH
1st Defendant
BOND STAR DEVELOPMENT LIMITED
2nd Defendant
Procedural Posture
Civil Action / Pre Trial Review
Legal Issues
- 1 Whether leave should be granted to adduce a March 1995 valuation report for determination of market value at July 1993 agreement date
- 2 Whether the date difference renders the expert report irrelevant
- 3 Whether lack of disclosed comparables or basis in the report affects admissibility or weight
Ratio Decidendi
The March 1995 valuation report was too temporally remote from the July 1993 agreement that gave rise to the market value dispute and therefore was not relevant and should not be admitted; deficiencies in disclosed basis would affect weight not admissibility, but that did not remedy the lack of relevance, so leave to adduce the report was refused.
Court Disposition
Application for leave to adduce the March 1995 valuation report by the 2nd Defendant refused.
Orders
- Leave to adduce the valuation report of Larry Tam & Associates dated March 1995 is refused.
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