26 Jun 2000
RICH PACIFIC HOLDINGS LTD. v. TOP PROFIT PROPERTIES LTD.
- Citation
- RICH PACIFIC HOLDINGS LTD. v. TOP PROFIT PROPERTIES LTD.
- Court
- Court of First Instance
- Case number
- HCA6806/1998
The vendor had taken reasonable steps to mitigate, the resale on 22 March 1998 was a genuine open market sale within a reasonable time, therefore damages are assessed at the date of provisional resale (22 March 1998); resale price of HK$6,600,000 is the open market price and plaintiff is entitled to judgment for HK$420,000 plus interest and costs.