17 Feb 1982
PAK HOP RESTAURANT LTD v. DIRECTOR OF PUBLIC WORKS
- Citation
- PAK HOP RESTAURANT LTD v. DIRECTOR OF PUBLIC WORKS
- Court
- Lands Tribunal
- Case number
- LDMT1/1981
Tribunal accepted 1975 as appropriate base year, rejected reliance on unqualified regression analysis and extreme growth assumptions, adopted a compromise weighted average growth rate of 7% (with year-specific weightings) and variable overhead adjustments informed by respondent's approach, and awarded compensation of HKD 900665.48 (pre-advances), ordering interest and costs accordingly.