Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Remedies trial
  • 24 Apr 2013

    LEHMAN & CO. MANAGEMENT LTD v. EFFISCIENT LTD AND ANOTHER

    Citation
    LEHMAN & CO. MANAGEMENT LTD v. EFFISCIENT LTD AND ANOTHER
    Court
    Court of Appeal
    Case number
    CACV272/2011

    The appeal was allowed only to a limited extent; the appellant is not the overall successful party for full costs. The Court exercised its discretion to apportion costs to reflect discrete successes and failures: Effiscient must pay one‑third of Lehman Management's costs of the appeal; the judge's equal apportionment of the court expert's fees is varied so Effiscient bears 30% and Lehman Management 70% of the expert's fees; costs of the remedies trial are reallocated so Lehman Management pays two‑thirds of its costs to Effiscient; the judge's costs order on the liability trial is undisturbed;…