20 Dec 2001
KEEP POINT DEVELOPMENT LTD. v. CHAN CHI YIM AND OTHERS
- Citation
- KEEP POINT DEVELOPMENT LTD. v. CHAN CHI YIM AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV1027/2000
Court held defendant solicitors were negligent and that the proper measure of damages for loss of the old flats is the value indicated by the benefits contracted for in the option/swap agreements (purchase price plus contractual allowances and payments) assessed as at the relevant date (1994); damages to include contractual rental allowances (treated as two years' entitlement), moving and roof allowances, stamp duty actually paid, reasonable interest at HSBC prime +2%, indemnity for amounts payable to plaintiff and reasonable defendants' own solicitor costs on a common fund basis, with credit…