20 Dec 2001
KEEP POINT DEVELOPMENT LTD. v. CHAN CHI YIM AND OTHERS
- Citation
- KEEP POINT DEVELOPMENT LTD. v. CHAN CHI YIM AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV322/2001
Damages for the owners' loss of their old flats resulting from the solicitors' negligent advice are to be quantified by reference to the contractual benefits under the sale/option (option/swap) agreements (contract price plus agreed allowances and payments) as the best evidence of the market value of the old flats at the relevant time (1994); rental allowances to be assessed for two years with interest thereafter on the purchase price, interest at HSBC prime +2%; defendants entitled to indemnity for sums payable to plaintiff and to recover reasonable costs on a common fund basis; credits for…