5 May 2010
YEUNG YEUK SUT v. TSE CHUN YIP AND OTHERS
- Citation
- YEUNG YEUK SUT v. TSE CHUN YIP AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA682/2006
The Taxation Bill and the taxed amount breached the indemnity principle; comparing appropriate charging periods the court held the receiving parties could only recover HKD 608,398 in taxed profit costs (HKD 478,300 for the first period and HKD 130,098 for the second period); the sanctioned offer of HKD 1,400,000 was not beaten; no exemption from payment of interest was allowed; costs of the taxation proceedings were awarded to the paying party on a party-and-party basis summarily assessed at HKD 35,000; allocatur to be sealed and payment out with interest in part settlement ordered.
- Indemnity principle in costs
- Sanctioned offer
- Interest on costs
- Taxation of costs
- Party-and-party vs solicitor-client costs