9 Feb 2001
Chan Chan Cheung and Another v. Cheerrich Ltd.
- Citation
- Chan Chan Cheung and Another v. Cheerrich Ltd.
- Court
- Court of First Instance
- Case number
- HCA18579/1999
Clause 22 entitled the vendors to recover the deficiency on resale; vendors may also recover ordinary aborted sale expenses (estate agent commission and solicitors' fees) but not the vendor's separate compensation to a developer or purchaser's purchase commission which were too remote and unforeseeable; resale expenses falling outside the six month window in Clause 22 are not recoverable. Final assessment awarded HK$2,897,600 plus interest and costs of assessment.