BACKGROUND The High Court of Justice (Business and Property Courts of England and Wales) (the “Court”) heard a case in which, pursuant to section 69 of the Arbitration Act 1996, Tricon Energy Limited (the “Claimant”) appealed an award granted by the arbitral tribunal (the “Tribunal”). MTM Trading LLC (the “Defendant”) was the owner of the
BACKGROUND The First and Fourth Defendants entered into a service level agreement (“SLA”), in terms of which the Fourth Defendant was to render certain services to the First Defendant. The Fourth Defendant would present invoices to the First Defendant for payment for services rendered. On 14 March 2012, 26 June 2012 and 13 June 2013,
THE DEFAULT JUDGMENT The High Court of Justice (Business and Property Courts in Manchester) (the “Court”) heard a case in which Praetura Asset Finance Limited (the “Claimant”) sought to recover approximately £1,500,000.00 (One Million Five Hundred Thousand Pounds) from Derek Thomas Hood (the “Defendant”) in terms of an unregulated hire purchase agreement which involved a
BACKGROUND The Appellant, the South African Football Association (hereinafter referred to as “SAFA”), and the Respondent, Fli-Afrika Travel (Pty) Ltd (hereinafter referred to as “Fli-Afrika”) had a long-standing commercial relationship, in terms of which Fli-Afrika was SAFA’s travel agent. The subject of the appeal was two agreements concluded between the parties, namely a Service Level
BACKGROUND Atlantic Marine and Aviation LLP (the “Owner”), the defendant in the matter, chartered the ‘Atlantic Tonjer’, a multi-purpose support vessel (the “Vessel”), to the claimant, Boskalis Offshore Marine Contracting BV (“the “Charterer”) under the BIMCO SupplyTime 2017 Charter Party for Offshore Support Vessels (the “BIMCO Agreement”). A charter party is a deed or an
SUMMARY The appellant in this matter is Scoin Trading, a company that trades in coins and similar items. Gregory John Till (the deceased) was an avid coin collector who had purchased some gold coins and medallion from the appellant. During August 2007, deceased entered into an agreement with the appellant to purchase a rare ZAR
BACKGROUND Burlington Loan Management DAC and Bank of America N.A, the third and fourth claimants in the matter (collectively the “Lenders”), entered into a loan agreement (the “Loan Agreement”) with Fire Navigation Inc and Hurricane Navigation Inc, the first and second defendants in the matter (“collectively the Borrowers”). In terms of the Loan Agreement, the
SUMMARY ISSUE ON APPEAL  The issue in this appeal is whether a text Message constituted an animo contrahendi (an offer, which upon its acceptance, could give rise to an enforceable contract). The court a quo held that it did.  The Appellant, Mr.  Kgopana (“Kgopana”), was granted leave to appeal to the Supreme court of Appeal (“SCA”).
SUMMARY AND BACKGROUND In or during May 2011, the claimants in the matter, namely Zedra Trust Company (Jersey) Limited and Oliver Nobahar-Cookson (collectively the “Claimants”) concluded a written sale and purchase agreement with The Hut Group Limited (the “Defendant”) wherein the Claimants agreed to sell their shares in Cent Ltd (the “Company”) to the Defendant
SUMMARY AND ARBITRATION AWARD This matter was an appeal from an arbitration award, over the correct interpretation of two clauses, namely clauses 49 and 101, in a charter party contract (a deed between a shipowner and a trader for the hire of a ship and the delivery of cargo)(the “Contract”). The arbitration tribunal who had