12 Aug 1996
Ko Lai Mui t/a Cheung Shing Mirror v. Director of Lands
- Citation
- Ko Lai Mui t/a Cheung Shing Mirror v. Director of Lands
- Court
- Lands Tribunal
- Case number
- LDLR6/1995
The Tribunal held that under s.10(2)(d) the applicant was entitled to compensation to restore her business position; the daughter's separate business was not a continuation; absent reliable living‑standard or profit evidence the Tribunal relied on the applicant's prior trading accounts and market rent to set base annual profit at HK$260,000, applied a multiplier of 2 to fix goodwill at HK$520,000, assessed loss of profits at HK$160,000, treated the auction proceeds HK$17,000 as residuary value and applied a factor of 10 to determine stock/tools value HK$170,000 (loss on forced sale HK$153,000…