Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Lost profits
  • 31 Aug 2007

    PROFIT BOAT DEVELOPMENT LTD v. CRAFT PROJECTS (HK) CO LTD

    Citation
    PROFIT BOAT DEVELOPMENT LTD v. CRAFT PROJECTS (HK) CO LTD
    Court
    Court of First Instance
    Case number
    HCCT122/2000

    On the balance of probabilities there was no oral or implied joint venture between the parties; contemporaneous documents, conduct (tenders in Defendant's name, communications, meetings, failure to notify main contractor), and witness credibility (preference given to Defendant's witnesses) demonstrate absence of JVA; accordingly Defendant lawfully subcontracted Steelwork to Havens Steel; Plaintiff not entitled to wasted tender costs or contractual loss of profit and claim dismissed.