29 Dec 2014
LAU YUE KUI AND OTHERS v. PHILIP CHAN & CO (A FIRM)
- Citation
- LAU YUE KUI AND OTHERS v. PHILIP CHAN & CO (A FIRM)
- Court
- Court of Appeal
- Case number
- CACV75/2014
The Court dismissed the appeal and held the Recorder did not err in exercising his discretion to order an interim payment of $15,000,000 by the administrator. On the solicitor and own client basis agreed for taxation, the estate's size and complexity, the long delay, available funds and the rough‑and‑ready approach justified the interim payment; the prior $10,000,000 did not preclude the interim award and the plaintiffs' objections about excess and new evidence did not demonstrate an erroneous exercise of discretion.