ECHELLES RIFFAUD S.A. v THE SECRETARY FOR JUSTICE(ON BEHALF OF THE GOVERNMENTOF THE HONG KONG SPECIAL ADMINISTRATIVE REGION)

Read the full judgment text of HCA 1841/2011 on BabelCite. This High Court CFI judgment was delivered on 3 December 2024.

1. By a judgment dated 1 August 2024 (“ the Judgment ”), this Court ordered, on a nisi basis, that pre-judgment interest on damages be awarded to the Government at the rate of P+1% per annum from 12 June 2012, the date of the counterclaim. The Plaintiff does not dispute the commencement date for computation of interest but asks that the rate be reduced to one of the following, both of which are substantially lower than P+1%:

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