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Commercial Registry - 2017 December

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1 judgment
December 2017
Spancrete Zambia Limited Zesco Limited (2015/HPC/0471) [2017] ZMHC 546 (29 December 2017)
Specific performance refused; plaintiff failed to prove major losses; defendant lawfully called advance guarantee; limited reimbursement awarded.
  • Contract law — specific performance discretionary and impracticable where contract expired and claimant contributed to delay; Factory Acceptance Test delays; advance payment guarantee lawfully called; damages not proved without evidence; limited reimbursement for travel rescheduling and interest on late advance.
29 December 2017