24 Jul 2014
CRESTDREAM LTD v. POTTER INTERIOR DESIGN LTD
- Citation
- CRESTDREAM LTD v. POTTER INTERIOR DESIGN LTD
- Court
- Court of First Instance
- Case number
- HCCT32/2013
Master accepted the expert valuation and plaintiff's submissions: reinstatement costs of HK$90,000 are recoverable; plaintiff overpaid HK$2,006,088 after credit for refund; liquidated damages clause was a genuine pre-estimate and, given defendant's abandonment and no contractual provision terminating that liability, liquidated damages of HK$808,500 for 245 days are recoverable despite termination; plaintiff took reasonable steps to mitigate. Damages and interest awarded and costs summarily assessed.