Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Permanent loss
  • 11 May 2006

    SHAM CHI KEUNG v. 地政總署署長

    Citation
    SHAM CHI KEUNG v. 地政總署署長
    Court
    Lands Tribunal
    Case number
    LDLR3/2005

    The tribunal found the Applicant an unreliable witness and concluded that either he had successfully relocated his business or unreasonably failed to do so; accordingly no permanent loss was awarded. The tribunal accepted that some pre-resumption loss occurred and, using the Applicant's acknowledged annual net profit of $460,000 and an attribution of 35% to K2 over two years with favourable assumptions to the Applicant, assessed pre-resumption loss at $322,000 and added relocation expenses of $24,000, awarding a total of $346,000 and granting an order nisi for costs to the Applicant on High C…