20 Jul 2018
TOP WINTON LTD v. LAM CHUN MAN
- Citation
- [2018] HKDC 864
- Court
- District Court
- Case number
- DCCJ5090/2017
The clauses in the loan documents constituted independent covenants to pay interest at 36% p.a. until full payment (including post-judgment); the Master erred in awarding post-judgment interest at the judgment rate; appeal allowed and contractual rate of 36% p.a. awarded from 3 January 2018 until full payment; costs to plaintiff on indemnity basis summarily assessed at $44,600.