2 Dec 1997
LIU CHUN KUI AND OTHERS v. LIU WING FAT
- Citation
- LIU CHUN KUI AND OTHERS v. LIU WING FAT
- Court
- Court of First Instance
- Case number
- HCA1115/1995
Court accepted the direct comparison method and the 15% bulk discount as reflecting licensee profit and overheads; applied an 80% occupancy rate to 17 parking spaces (multiplier 13.6); adopted per-space monthly rates of $750 (1995), $950 (1996) and $1,200 (1997) leading to a pre-double total of $332,520 and an award of double value $665,040, with interest from writ to payment and costs to plaintiffs.