Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Agency/poa
  • 17 Jul 2020

    SUSAN WONG v. YEUNG SUET WAH

    Citation
    [2020] HKCFI 1606
    Court
    Court of First Instance
    Case number
    HCA1089/2013

    On the balance of probabilities the court found an oral agreement to hold the property for rental with proceeds to be shared equally; the POA created an agency/fiduciary duty on the 2nd defendant to account for net rental income; the Assignment novated the 1st defendant's obligations to the 2nd defendant; due to absence of documentary proof the court used expert market valuations adjusted for vacancy and recurring expenses to estimate quantum and awarded the plaintiff 50% of net rental income from 1 May 2008 to 31 December 2018, 50% of mesne profits for wrongful occupation of units from 1 May…