20 Apr 2016
HIN SANG HONG CO LTD v. KINGDOM OVERSEAS LTD
- Citation
- HIN SANG HONG CO LTD v. KINGDOM OVERSEAS LTD
- Court
- Court of First Instance
- Case number
- HCA525/2012
Clause 9 did not make adherence to the RURP an absolute condition entitling automatic termination; the plaintiff's obligation was to use best endeavours to police pricing and it did so. The defendant's purported termination on 13 February 2012 was a repudiatory breach. Plaintiff entitled to accept repudiation and recover damages: lost profits assessed at approximately HK$12,600,000 plus HK$208,672 for other losses, with interest and costs.