22 May 1990
WAYFOONG CREDIT LTD v. NG SIU CHEONG AND OTHERS
- Citation
- WAYFOONG CREDIT LTD v. NG SIU CHEONG AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA4215/1989
Damages for the unexpired term are calculated by taking total remaining rentals, deducting the judicially determined market value of the goods and crediting the Rule of 78 rebate; clause 8(e) cannot preclude judicial determination and the lessor's sale process must be fair; valuations by an independent valuer were preferred to the private realisation prices, producing certified damages totalling HK$82,964.05.