15 Mar 2001
GIANT RICHES LTD. v. KU KWOK KWAN
- Citation
- GIANT RICHES LTD. v. KU KWOK KWAN
- Court
- Court of First Instance
- Case number
- HCA14349/2000
Plaintiff validly terminated the agreement and forfeited 10% of the purchase price; resale price is accepted as market value; damages are measured as contract price less resale price less deposits (HK$916,600); plaintiff entitled to recover agency fees (HK$32,355), legal costs (HK$19,500), contractual interest of HK$15,303.53 from breach to termination, and commercial interest on the deficient sum at prime from 12 January 1999 to date of judgment; judgment interest thereafter; Order Nisi for costs granted for assessment hearing.