15 Nov 2016
PENNY’S BAY INVESTMENT CO LTD v. DIRECTOR OF LANDS
- Citation
- PENNY’S BAY INVESTMENT CO LTD v. DIRECTOR OF LANDS
- Court
- Court of Appeal
- Case number
- CACV116/2015
Formal declarations were unnecessary; the Tribunal's award was set aside and the case remitted to the Tribunal to determine compensation in accordance with the Court's judgment; valuation must apply the same prevailing market expectations to Before and After values and valuation sequencing is a matter for specialist judgment; costs of the appeals are ordered that each party bears their own costs; leave to appeal to the Court of Final Appeal refused as questions were not of great general or public importance or not reasonably arguable.