Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Assessment of letting value
  • 25 Aug 1983

    MAILEX LTD v. GREFO LTD

    Citation
    MAILEX LTD v. GREFO LTD
    Court
    Court of Appeal
    Case number
    CACV108/1983

    In the absence of acceptable evidence as to the letting value of the premises taking into account the licence's six‑month termination and the restrictive covenant in the head‑lease, mesne profits must be assessed by reference to the rent and related charges previously agreed between the parties (as fixed by Master Blackwell's order of 16 April 1980 for 20 Dec 1979–19 Jun 1981 and Master Wilson's consent order of 16 Feb 1982 thereafter). The Master's higher assessment and interest order were quashed and substituted accordingly.