17 Apr 2020
BETTER MARINE INTERNATIONAL LTD v. ZHONG SHAN COMPANY LTD
- Citation
- [2020] HKCFI 623
- Court
- Court of First Instance
- Case number
- HCA958/2014
The court refused to vary the Judge's enhanced interest on the judgment sum (17.9% p.a.), finding defendant's conduct and the trial judge's adverse findings justified an uplift close to the statutory maximum; it reduced the pre-judgment enhanced interest on costs to half (9% p.a.) from 22 April 2015 to 30 November 2016, retained post-judgment enhanced interest on costs at 17.9% p.a., and awarded 80% of the application costs to plaintiff on an indemnity basis with enhanced interest (9% from 12 December 2016 to date of decision, thereafter 17.9% until payment).