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Uganda decisions
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Wolderfuael v Stanbic Bank Uganda Limited (Miscellaneous Application 856 of 2023) [2024] UGCommC 84 (27 February 2024)
The High Court dismissed an application for unconditional leave to defend a summary suit, holding that an alleged forged variation letter did not raise a triable issue.
Rahbot Chick (U) Limited & Another v Stanbic Bank Uganda Limited (Miscellaneous Application 782 of 2023) [2024] UGCommC 83 (27 February 2024)
The applicants failed to demonstrate any bonafide defence or triable issue in the summary suit. The credit facility agreement did not condition repayment on Ugachick's payments to the 1st applicant, and Ugachick was not privy to the facility agreement. The applicants' argument regarding the alleged forgery of the 3rd defendant's signature was unsupported and inconsequential, as the 2nd applicant, as managing director, had authority to bind the 1st applicant. The applicants did not refer to any contractual provision entitling them to indemnity from Ugachick for loans taken to perform their con…
Source excerpt
Ecobank Uganda Ltd v LB Construction Ltd & 2 Ors (HCCS 574 of 2012) [2017] UGCommC 52 (28 April 2017)
The High Court held the defendants jointly and severally liable for an unpaid commercial loan, awarded the principal sum with 9% interest, and refused general damages.
