Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Bankruptcy petition costs

  • 31 Jan 2000

    Re QUE JOCELYN CO.

    Citation
    Re QUE JOCELYN CO.
    Court
    Court of First Instance
    Case number
    HCB612/1999

    The statutory demand does not, in the absence of express provision, entitle the creditor to interest accruing after issuance of the demand, but the defendant is entitled to interest as of right under the judgment for costs under s.49(1) High Court Ordinance; interest on the taxed costs runs from 29 April 1997 to the date of payment into court (12 August 1999) and no further interest is payable after payment into court; Mr Finley remains personally liable for the costs and interest to the extent of his original liability under the judgment.

  • 31 Jan 2000

    QUE JOCELYN CO. t/a SCENTED DELIGHTS v. BROADAIR EXPRESS LTD.

    Citation
    QUE JOCELYN CO. t/a SCENTED DELIGHTS v. BROADAIR EXPRESS LTD.
    Court
    Court of First Instance
    Case number
    HCA3477/1996

    The statutory demand does not compel payment of interest accruing after the date of the demand; however the defendant is entitled to interest as of right under the judgment for costs. Interest on the taxed costs runs from the date of the judgment (29 April 1997) and is recoverable up to the date of payment into court (12 August 1999). Finley is personally liable for the costs and the interest to the extent of his original liability; the court amended its order accordingly and allocated costs of the appeal and bankruptcy as set out in the decision.