Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Damages for diminution in value
  • 17 Jan 2012

    LAM ROGERIO SOU FUNG v. TAN SOON GIN GEORGE

    Citation
    LAM ROGERIO SOU FUNG v. TAN SOON GIN GEORGE
    Court
    Court of Appeal
    Case number
    CACV85/2011

    The Court allowed the cross-appeal in part: it awarded interest on the assessed conversion damages for the three sold items from the auction date at 1% above prime until judgment and judgment rate thereafter (but refused interest on the nominal HK$100), inferred on available evidence that both the Stemcup and Double Gourd were damaged while in Tan's possession, and awarded conservative diminution-in-value damages of HK$2,800,000 for the Stemcup and HK$9,000,000 for the Double Gourd (based on discounted earlier photograph-based valuations), with interest on those sums from the auction date; co…