Read the full judgment text of FAMV000051/2009 on BabelCite. This Court of Final Appeal judgment was delivered on 26 February 2010 before Mr Justice Bokhary PJ, Mr Justice Chan PJ and Mr Justice Ribeiro PJ.
1. The matter in dispute is the order of the Judge awarding interest on the Petitioner’s share of the net proceeds of sale of 2 properties owned by a company called “Richmond” which was in turn jointly owned by the parties. The Judge’s order was, on appeal, varied by the Court of Appeal. The amount involved is said to be at least $26 million.
Legal issues: Leave to appeal on award of interest
Outcome: Leave to appeal granted to the applicants under the 'or otherwise' limb of s.22(1)(b).