15 Mar 2017
DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Citation
- DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1528/2013
The court exercised its discretion under section 168A to appoint valuers having regard to relevant expertise and cost considerations: Colliers was appointed to value the Land because its team had demonstrable relevant experience; Deloitte was appointed to value the Companies' shares because its proposal, discounted hourly rates, progress reporting and understanding of the litigation context rendered it suitable and not materially more expensive than EY; managers' bonus of HK$592,967.47 is payable and must be allocated to the company that made the relevant land sale; P's liability of HK$1.1 mi…