Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Loss of profit rent

Legal area

Court

9 Mar 2001

Wong Hoi Nung v. The Secretary for Transport

Citation

Wong Hoi Nung v. The Secretary for Transport
Court

Lands Tribunal
Case number

LDMR1/2000

The Tribunal found on the evidence that the Tenancy Agreement covered Lot No.1978(P), Lot No.1980(RP) and the Government land comprising the resumed area; it fixed unit rent at $3.636 and awarded loss of profit rent of $230,448.96, varying the earlier compensation accordingly.
28 Aug 1996

Mok Wing Shu t/a Wing Fai Hardware Co. v. Director of Lands

Citation

Mok Wing Shu t/a Wing Fai Hardware Co. v. Director of Lands
Court

Lands Tribunal
Case number

LDLR21/1994

Applicant entitled to compensation under s.10(2)(d) to restore his business position; there was insufficient evidence that the business relocated; auction proceeds of HK$22,000 were taken as reliable market indicator and multiplied by 5 to value stock at HK$110,000 yielding an awarded loss on forced sale of HK$88,000; fixtures and fittings accepted on documentary cost less 20% depreciation at HK$298,720; profit rent accepted as HK$83,800 per respondent expert; ancillary costs allowed; total compensation fixed at HK$560,000.