11 Dec 1984
FAMOUS INVSTMENT CO LTD AND OTHERS v. LAU WONG AND CHAN (sued as a firm)
- Citation
- FAMOUS INVSTMENT CO LTD AND OTHERS v. LAU WONG AND CHAN (sued as a firm)
- Court
- Court of Appeal
- Case number
- CACV127/1984
On the facts the solicitor held the monies as agent for Famous (not as stakeholder), therefore Famous and the sub-purchasers were entitled to interest on the deposited sums for the relevant period; undertakings given in court not to claim interest are binding unless properly released; indemnity costs were not justified and must be reduced to party-and-party costs.