5 Nov 2020
CYBERWORKS AUDIO VIDEO TECHNOLOGY LTD v. MEI AH (HK) CO LTD
- Citation
- [2020] HKCFI 2792
- Court
- Court of First Instance
- Case number
- HCA677/2006
Compound interest was refused because Remedy failed to plead and particularise entitlement and the equitable award made in the earlier judgment did not justify compound interest; simple pre-judgment interest at HSBC prime +1% was awarded from 16 April 2011 (date of writ HCA 658/2011) to 16 April 2020; post-judgment interest at the statutory judgment rate applies thereafter until payment; defendants ordered to pay 75% of plaintiff's costs of the consolidated actions with certificate for two counsel, taxed if not agreed; no order as to other costs including costs of the interest and costs argum…