Great Lakes Energy Company NV v MSS XSABO Power Limited and Others (Arbitration Cause 2 of 2023; Arbitration Cause 5 of 2023)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that the LCIA partial awards are enforceable as final partial awards under the New York Convention. Objections were timely filed. However, orders compelling continued commercial relationships through specific performance, orders regarding shareholding that conflict with a pending High Court determination, and orders requiring change of bank mandates in favor of a party found to have engaged in secret commission are contrary to Uganda's public policy and unenforceable. The remainder of the awards were recognized and enforced. Application allowed in part.
Outcome
Application for recognition and enforcement of international arbitral awards partly allowed; portions of the awards declared unenforceable on public policy grounds; remainder recognized and enforced
Facts
Great Lakes Energy Company NV (applicant), a Netherlands company, and the respondents entered into investment agreements to develop a 20MW solar power facility in Uganda. The applicant advanced USD 150,000, USD 5 million, and USD 9.42 million in loans to the first respondent, and was to acquire 49% and ultimately 60% shareholding. A dispute arose when the respondents discovered the applicant had secretly inflated the EPC contract cost by USD 6.45 million. The respondents rescinded the investment agreement and revoked share allotment. The applicant initiated LCIA arbitration in London, which resulted in two partial awards on 11 March 2022 and 10 January 2023. The first partial award found all agreements valid, ordered disgorgement of secret commission of USD 3,089,235 and USD 775,257, but also ordered delivery of change of bank mandates. The second partial award declared 96 shares validly allotted to the applicant and ordered specific performance of share transfers. The applicant sought recognition and enforcement in Uganda while the respondents objected on public policy grounds.
Issues
- Whether the two partial arbitral awards from the London Court of International Arbitration are entitled to recognition and enforcement in Uganda under the New York Convention and the Arbitration and Conciliation Act.
- Whether the respondents' objections to enforcement were filed within the time limits prescribed by law.
- Whether recognition and enforcement of the partial awards would be contrary to the public policy of Uganda.
- Whether orders for specific performance compelling a continued relationship between parties and change of bank mandates are enforceable.
- Whether orders related to share transfers and shareholding conflict with pending proceedings before Ugandan courts and are thus unenforceable.
Orders
- The application in Arbitration Cause No. 0005 of 2023 seeking to set aside the partial awards is struck out for lack of jurisdiction.
- Recognition and enforcement of the two partial arbitral awards handed down on 11 March 2022 and 10 January 2023 is granted in part.
- The following orders in the first partial award are declared unenforceable for being contrary to public policy: paragraph 293.2 regarding the Call Option Agreement and paragraph 293.5 regarding change of bank mandates.
- The following orders in the second partial award are declared unenforceable for being contrary to public policy: paragraphs 271.1.1 to 271.1.5 regarding shareholding and Call Option Agreement, and paragraphs 271.2.1 to 271.2.7 and 271.3 regarding specific performance of share transfers.
- The remainder of the partial awards is recognized and enforced.
- The applicant is awarded half the costs of the consolidated application.
Rules and key headnotes
Legislation cited (30)
- Arbitration and Conciliation Act s.9
- Arbitration and Conciliation Act s.31(4)
- Arbitration and Conciliation Act s.31(6)
- Arbitration and Conciliation Act s.34(2)
- Arbitration and Conciliation Act s.34(3)
- Arbitration and Conciliation Act s.35
- Arbitration and Conciliation Act s.36
- Arbitration and Conciliation Act s.42
- Arbitration and Conciliation Act s.43
- Arbitration Rules r.7(1)
- Arbitration Rules r.11
- Arbitration Rules r.13
- Constitution of the Republic of Uganda 1995 Article 123
- Convention on the Recognition and Enforcement of Foreign Arbitral Awards Article III
- Convention on the Recognition and Enforcement of Foreign Arbitral Awards Article IV
- Convention on the Recognition and Enforcement of Foreign Arbitral Awards Article V(1)(c)
- Convention on the Recognition and Enforcement of Foreign Arbitral Awards Article V(1)(e)
- Convention on the Recognition and Enforcement of Foreign Arbitral Awards Article V(2)(b)
- Electricity Act s.10
- Electricity Act s.45
- Electricity Act s.46
- Electricity Act s.46(6)
- Electricity Act s.83
- Electricity (Amendment) Act 2022
- Limitation Act s.3(1)(c)
- Judicature Act s.33
- Civil Procedure Act s.98
- Contract Act 2010 s.64(2)(b)
- Anti Money Laundering Act
- Ratification of Treaties Act
Cases cited (30)
- Coppee-Lavalin SA/NV v Ken-Ren Chemicals and Fertilizers Ltd [1994] 2 All ER 465
- Dallah Real Estate and Tourism Holding Company v Ministry of Religious Affairs, Government of Pakistan [2011] 1 AC 763
- Minister of Finance (Incorporated) v International Petroleum Investment Company [2019] EWCA Civ 2080
- Indus Mobile Distribution Private Ltd v Datawind Innovations Private Ltd (2017) 7 SCC 678
- Bharat Aluminium Co v Kaiser Aluminium Technical Services Inc (2012) 9 SCC 552
- Enercon (India) Ltd v Enercon Gmbh (2014) 5 SCC 1
- Reliance Industries Ltd v Union of India (2014) 7 SCC 603
- C v D [2007] EWCA Civ 1282
- Emirates Trading Agency LLC v Sociedade De Fomento Industrial Private Ltd [2015] EWHC 1452 (Comm)
- ZCCM Investments Holdings Plc v Kansanshi Holdings Plc [2019] EWHC 1285 (Comm)
- Republic of Uganda v Rift Valley Railways (Uganda) Ltd [2021] EWHC 970 (Comm)
- Roko Construction Ltd v Mohammed Hamid (Civil Appeal No. 51 of 2011)
- Uganda Lottery Ltd v Attorney General (Miscellaneous Cause No. 627 of 2008)
- Katamba Phillip and Others v Magala Ronald (Arbitration Cause No. 3 of 2007)
- Christ For All Nationals v Apollo Insurance Co Ltd [2002] 2 EA 366
- Sinocore International Co Ltd v RBRG Trading (UK) Ltd [2018] 2 Lloyd's Rep 133
- World Duty Free Co Ltd v Republic of Kenya (ICSID Case No. ARB/00/7)
- Wena Hotels Ltd v Arab Republic of Egypt (ICSID Case No. ARB/98/4)
- Zerbetz v Alaska Energy Center 708 P.2d 1270 (1985)
- Co-Operative Insurance Society Ltd v Argyll Stores (Holdings) Ltd [1998] AC 1
- Regazzoni v Sethia [1958] AC 301
- Egerton v Earl of Brownlow (1853) 10 ER 359
- Cooke v Turner (1845) 60 Eng Rep 449
- Parsons and Whittemore Overseas Co v Société générale de l'industrie du papier 508 F.2d 969 (2d Cir. 1974)
- Rederiaktiebolaget Amphitrite v The King [1921] 3 KB 500
- William Cory & Son Ltd v London Corp [1951] 2 KB 476
- York Corp v Henry Leetham & Sons Ltd [1924] 1 Ch 557
- Searle v Commonwealth of Australia [2019] NSWCA 127
- Attorney-General (NSW) v Quinn (1990) 170 CLR 1
- Ansett Transport Industries (Operations) Pty Ltd v Commonwealth (1977) 138 CLR 54
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.