1 Jun 2018
SURE WIN INC. LTD v. GP MOTORS LTD
- Citation
- [2018] HKCFI 1211
- Court
- Court of First Instance
- Case number
- HCA861/2016
Where goods entrusted under a consignment/bailment are damaged, the correct measure is to put the bailor in the position prior to loss using market value or replacement cost; credible independent surveyor evidence establishing market value of $1.15m and total loss justified an award of market value less salvage plus reasonable expenses and interest.