6 Feb 2025
FALCON INSURANCE COMPANY (HONG KONG) LTD v. CHAN CHUN KIT
- Citation
- [2025] HKDC 195
- Court
- District Court
- Case number
- DCCJ540/2023
The court found the settlement of HK$500,000 and third party costs of HK$180,620 were reasonable and allowable under section 10 and clause 15 where applicable, and that the Plaintiff's own reasonable costs of HK$177,780 were recoverable as mitigation of loss for breach of the policy; accordingly judgment was entered for the Plaintiff for HK$858,400 plus interest and assessment costs.