Read the full judgment text of HCCT 40/1999 on BabelCite. This 高等法院原訟法庭 judgment was delivered on 8 November 2000 before Hon Burrell J.
Construction and arbitration proceedings concerning contract costs, credit variations, and profits were heard before Hon Burrell J in the High Court of the Hong Kong SAR. Key financial figures were amended under the slip rule, correcting costs to 31 August 2000, credit variation, and resulting profit calculations. The court determined the total sum payable by the defendant to the plaintiff to be $4,783,102.00. The judgment clarifies the calculation of costs and adjustments inclusive of labour and fee projections, and confirms the shortfall in reasonable profit as part of the financial determinations.
Outcome: Judgment made in favor of the Plaintiff with consequential financial awards
Cites 1 case