THE JOINT AND SEVERAL TRUSTEES OF THE PROPERTY OF SO CHING WAN v. ASSEN LTD AND OTHERS

CACV 144/2024, [2024] HKCA 1114

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF APPEAL

CIVIL APPEAL NO. 144 OF 2024

(ON APPEAL FROM HCB NO. 4475 OF 2002)

________________________

________________________

________________________

_____________________________________

SUMMARY ASSESSMENT OF COSTS

_____________________________________

Hon Cheung JA (giving the Summary Assessment of Costs) :

1.  On 19 September 2024, this Court (Cheung and Au JJA) handed down our decision ([2024] HKCA 877) ordering the applicant to give security for costs in this appeal in the sum of $250,000 within 21 days from the date of the decision. The applicant complied with the order by paying into court $250,000 as security by the stipulated deadline.

2.  The decision further provided that the 2^nd to 4^th respondents are to have costs of the application for security for costs to be summarily assessed. The parties have lodged their statement of costs and objections respectively. The solicitors for the 2^nd to 4^th respondents then further lodged into court a letter dated 2 October 2024 disputing Item 2 in the applicant’s list of objections.

3.  The 2^nd to 4^th respondents claim a total sum of $257,004 of which $90,000 is counsel fee and the balance represents solicitors’ costs and disbursements.

4.  We will assess the 2^nd to 4^th respondents’ costs at $150,000 which includes $90,000 for counsel fee.