14 October 2016
High Court holds that when valuing a gaming arcade the valuer should have followed the RICS guidance notes and calculated the EBITDA and multiplier; the appropriate reduction for contributory negligence was 40% given the borrower’s dishonest misuse of a previous loan.
13 October 2016
While there still appears to be no formal announcement from the Ministry of Justice (MoJ), many sources are reporting that the proposed whiplash consultation including the small claims limit review has been shelved.
We review the part played by inquests in improving patient care in Hong Kong and set out examples of recommendations made at inquests to promote safe practices.
12 October 2016
The High Court has considered how damages should be quantified in data breach claims where claimants suffer no pecuniary loss and claim solely for distress and anxiety.
In Dana Shipping and Trading SA v Sino Channel Asia Ltd (HCCT 47A/2015), the Hong Kong Court of First Instance (“Court”) held that it had discretion to enforce a foreign arbitral award even after it had been set aside by the foreign supervisory court of the arbitration proceedings. This discretion will generally be exercised in accordance with the principles applicable to the recognition of foreign judgments.