8 Aug 2008
iRiver HONG KONG LTD v. THAKRAL CORPORATION (HK) LTD
- Citation
- iRiver HONG KONG LTD v. THAKRAL CORPORATION (HK) LTD
- Court
- Court of Appeal
- Case number
- CACV252/2007
The Court held there was a binding distributorship until 31 July 2004 based on the parties' dealings and correspondence; iRiver wrongfully terminated the distributorship by recalling unsold stock in March 2004 and is liable for damages, but those damages are limited to the loss on the unsold stock returned (no proved entitlement to future lost profits). The judge permissibly included sums to cover an indemnity to China Express given the group structure and Thakral's undertaking. Appeal and cross-appeal dismissed.