31 Mar 2017
SNOWLAND LTD v. DIRECTOR OF LANDS
- Citation
- SNOWLAND LTD v. DIRECTOR OF LANDS
- Court
- Lands Tribunal
- Case number
- LDLR2/2014
Tribunal applied established principle that prime+1% is the appropriate starting rate for pre-judgment interest absent evidential foundation to depart; found no sufficient evidence that applicant could borrow at lower rates or that applicant's conduct caused special or wasted costs; held expert's late revisions were justifiable and did not constitute a special reason to reduce professional fees; ordered respondent to pay interest at prime+1% on specified sums, to pay applicant's professional remuneration of its expert (amount to be determined if not agreed), and to pay applicant's costs taxed…