29 Apr 1994
CAPACIOUS INVESTMENTS LTD. v. TANG WING HON ALAN
- Citation
- CAPACIOUS INVESTMENTS LTD. v. TANG WING HON ALAN
- Court
- Court of Appeal
- Case number
- CACV160/1993
Acceptance by the plaintiff of payment on account of profits constituted an election that precluded recovery of damages for loss of income, but did not bar recovery of compensation for loss on capital account; the Master’s assessment of capital loss at $11,000,000 was upheld and interest awarded at 8% from the date of the writ to the date of the Master’s order and thereafter at the judgment rate.