5 Oct 2001
Lucky Horse Garment Factory Ltd. v. CHAN Lie Hung t/a Luen Sang Textiles Co. (a firm)
- Citation
- Lucky Horse Garment Factory Ltd. v. CHAN Lie Hung t/a Luen Sang Textiles Co. (a firm)
- Court
- Court of First Instance
- Case number
- HCA18682/1999
Defendant breached the guarantee on 10 September 1999 when the plaintiff's allocation was withdrawn; plaintiff's duty to mitigate arose only after liability was determined on 27 June 2000 and after the period allowed for transfer expired (21 July 2000). Damages for plaintiff's loss are quantified by accepted market evidence: loss of profit for temporary transfer (HK$507,192), cost to obtain permanent transfer (HK$1,012,000) and reasonable legal expenses for representations (HK$8,000), totaling HK$1,527,192; interest and costs awarded accordingly.