21 Apr 2023
ABLE WIDE CORPORATION LTD AND OTHERS v. THE INCORPORATED OWNERS OF GOOD YEAR INDUSTRIAL BUILDING AND ANOTHER
- Citation
- [2023] HKLdT 33
- Court
- Lands Tribunal
- Case number
- LDCS1000/2020
Applying the Compensation Approach endorsed in Good Faith, the Tribunal found R4's revitalization case and last-minute valuation revisions were unreasonable and had no realistic prospect, caused unnecessary costs and trial delay; accordingly the costs order nisi was varied so the applicants pay 30% of R4's costs (including reserved costs) with certificate for two counsel to be taxed on High Court scale and R4 must pay the applicants' costs of the variation application with certificate for one counsel to be taxed on High Court scale.