28 Jan 2011
SHINE EMPIRE LTD v. THE INCORPORATED OWNERS OF SAN PO KONG MANSION AND OTHERS
- Citation
- SHINE EMPIRE LTD v. THE INCORPORATED OWNERS OF SAN PO KONG MANSION AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA3444/2001
The Court held it had jurisdiction under section 48 to award pre-judgment interest on the agreed damages; exercised its discretion to award pre-judgment interest from 27 April 1999 (date plaintiff made its position clear) until judgment at the rate of 1% above the best lending rate quoted by Hang Seng Bank, but disallowed interest for the period prior to 27 April 1999.