8 Jan 1988
CTMA LTD v. CHESIL OF HONG KONG LTD AND OTHERS
- Citation
- CTMA LTD v. CHESIL OF HONG KONG LTD AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV151/1987
The appeal was allowed in part: the Court upheld the Master's valuation of the 1,500 pieces at HK$70 each (HK$105,000) but set aside the unsupported HK$10 per piece nominal profit and disallowed the 1.5 multiplier as double counting when applied to the permanent-transfer component, substituting HK$105,000 for the Master's HK$180,000 award.