30 Mar 2007
THE WORLD FOOD FAIR LTD AND ANOTHER v. HONG KONG ISLAND DEVELOPMENT LTD
- Citation
- THE WORLD FOOD FAIR LTD AND ANOTHER v. HONG KONG ISLAND DEVELOPMENT LTD
- Court
- Court of Final Appeal
- Case number
- FACV6/2006
Apply established practice awarding pre‑judgment interest at 1% above the HSBC best lending rate for the period from each payment date until 8 December 2006, and thereafter at the judgment rate from 9 December 2006 until payment; plaintiffs' argument for a lower savings rate was rejected for lack of evidence to justify departing from the usual rate; plaintiffs must also pay costs of the summons.