22 Mar 1985
ORIENT LEASING (H.K) LTD. v. PETER SCALES CO. LTD.
- Citation
- ORIENT LEASING (H.K) LTD. v. PETER SCALES CO. LTD.
- Court
- Court of First Instance
- Case number
- HCA4803/1984
Master held the defendant bound to the clear, arm's-length contractual terms; applied Campbell Discount principles and the rule of 78 rebate, credited the agreed residual value, added proven repossession and ancillary expenses, and awarded interest at 8% from the date of the writ until the assessment and thereafter at the judgment rate; these calculations produced the assessed damages figure which was awarded to the plaintiff.