2 Aug 2002
THE KOWLOON MOTOR BUS CO (1933) LTD v. K. K. CARGO SYSTEMS (HK) LTD AND ANOTHER
- Citation
- THE KOWLOON MOTOR BUS CO (1933) LTD v. K. K. CARGO SYSTEMS (HK) LTD AND ANOTHER
- Court
- District Court
- Case number
- DCCJ7794/2001
Adopt the standing charge method as the appropriate basis for assessing loss of use; accept plaintiff's standing cost multiplicand of $1,365 per day as derived from company records and admissible under s47(1); reduce the multiplier to a reasonable off‑road period of 74 days (mitigation and vehicle surveyor labour assessment justified reduction); award $1,365 x 74 = $101,010 for loss of use with interest at half the judgment rate from the date of the accident; costs nisi to plaintiff.