15 Nov 2016
PENNY\'S BAY INVESTMENT CO LTD v. DIRECTOR OF LANDS
- Citation
- PENNY\'S BAY INVESTMENT CO LTD v. DIRECTOR OF LANDS
- Court
- Court of Appeal
- Case number
- CACV13/2015
The Court set aside the Tribunal's award and remitted the case to the Tribunal to determine compensation in accordance with the Court's judgment; the Court held there should be no differentiation in treatment of deferment and risk between Before and After values as a matter of law, refused to make additional declarations sought by the Applicant, refused both parties' applications for leave to appeal to the Court of Final Appeal, and ordered that each party bear their own costs of these appeals.