19 Apr 2023
JUMBO FAIR LTD AND OTHERS v. PACM SERIES 235 LTD
- Citation
- [2023] HKCFI 1026
- Court
- Court of First Instance
- Case number
- HCMP1258/2021
Defendant is ordered to pay 80% of the Plaintiffs' costs on a full indemnity basis because the Plaintiffs were the successful party, the Defendant's conduct in the redemption process was obstructive and its claimed fees were unreasonable and extortionate; the Plaintiffs' tender was invalid but not spurious, so the Defendant does not bear the costs attributable to that invalid tender (assessed broadly as one-fifth).