7 Oct 1996
Chiu Chi Wo and Others t/a Hang Hing v. Director of Lands
- Citation
- Chiu Chi Wo and Others t/a Hang Hing v. Director of Lands
- Court
- Lands Tribunal
- Case number
- LDLR3/1995
Applicants entitled to compensation to restore business position under s.10(2)(d); goodwill assessed at HK$3,000,000 (HK$1.5m base profit x multiplier 2), profit rent HK$75,000, machinery/equipment and chemical stock valued at HK$685,600 less auction proceeds HK$40,000 giving HK$645,600; alleged underground treatment tanks and related major fixtures rejected as non-existent or unjustified; aggregate compensation determined at HK$3,850,000.