5 Nov 2020
CYBERWORKS AUDIO VIDEO TECHNOLOGY LTD v. SILVER KENT TECHNOLOGY LTD
- Citation
- [2020] HKCFI 2792
- Court
- Court of First Instance
- Case number
- HCA2780/2006
Compound interest was refused because Remedy failed to plead and particularise a claim for compound interest and the equitable compensation ordered did not represent misappropriated funds warranting compound interest; simple pre-judgment interest at HSBC prime +1% was awarded but only from the date of the writ that commenced the successful claim (16 April 2011) to judgment (16 April 2020) because earlier delay by the liquidators/claimant was unreasonable and disqualified interest for that earlier period; post-judgment interest to run at the statutory judgment rate; defendants ordered to pay 7…