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Hong Kong
Leading Case
personal injurydiscount ratemultipliers
Chan Pak Ting v Chan Chi Kuen (No 2)
Chan Pak Ting v Chan Chi Kuen (No 2) [2013] 2 HKLRD 1 (HCPI 235/2011)
Key Principle
In assessing future-loss multipliers for personal-injury damages, the applicable real rate of return (discount rate) is to be set by reference to financial reality, producing tiered rates of -0.5% (needs under 5 years), 1% (5-10 years) and 2.5% (over 10 years) for Hong Kong.
Area of Law
Tort & Negligence
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