Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Draft reports/hard close
  • 23 Nov 2005

    BDO INTERNATIONAL v. PO SUN HOLDING GROUPS LTD

    Citation
    BDO INTERNATIONAL v. PO SUN HOLDING GROUPS LTD
    Court
    District Court
    Case number
    DCCJ16280/2000

    On the balance of probabilities the court accepted the plaintiff's evidence that defendant's agent Mr Barry Leung instructed a hard close at 30 April 1999 for the draft report and declined a second field visit; those instructions did not vary the engagement letter and Mr Barry Leung lacked authority to vary the final cut-off date, but he had authority to agree a practical hard close for a draft; the draft delivered was the best possible given the timetable and thus entitled the plaintiff to the HK$150,000 fee payable on submission of the draft.