17 Jun 2011
KAISILK DEVELOPMENT LTD v. DIRECTOR OF LANDS
- Citation
- KAISILK DEVELOPMENT LTD v. DIRECTOR OF LANDS
- Court
- Lands Tribunal
- Case number
- LDLR1/2005
The Tribunal accepted the parties' agreed experts' formula applying professional fees and contractor's profit multiplicatively to construction costs (22,476,793 x 106% x 120%), re-determined total development costs as $28,590,481, varied paragraphs 44 and 45 of the 20 May 2011 judgment accordingly, and fixed compensation at $74,257,000.