Hansa & Lloyds Ltd and Another v Aya Investments Ltd and Another (HCT-00-CC-CS 857 of 2007)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court found that the plaintiffs rendered professional financial services to the defendants, as evidenced by email correspondence, an informal ongoing relationship after the second plaintiff's resignation, and partial payment acknowledgements. However, the court rejected claims for invoices duplicating work or attributed to a third-party accounting firm not party to the proceedings. Judgment awarded for the acknowledged outstanding balance of UGX 13,422,500 plus nominal damages for breach of contract.
Outcome
Judgment entered in favour of plaintiffs for outstanding consultancy fees with interest and costs
Facts
The second plaintiff, Managing Director of the first plaintiff company, had previously worked as financial controller for the defendants' Aya Group of Companies. After resigning in May 2007 due to non-payment of wages, he agreed to provide financial consultancy services as a private contractor. He invoiced the defendants UGX 643,098,975 for various services including equity models, consolidated accounts, valuations, and audit reports. The defendants acknowledged receiving two invoices totalling UGX 14,602,500 but denied all other claims. Email evidence showed ongoing communication and an active email account retained by the second plaintiff with the Aya Group after his resignation. Some invoiced work appeared to duplicate items already billed or was attributed to another accounting firm, Knick Waks & Co.
Issues
- Whether the plaintiffs rendered financial services for the defendants.
- If so, how much are the plaintiffs entitled to as fees or remuneration?
- What remedies are available?
Orders
- Judgment for the plaintiffs against the defendants for UGX 13,422,500 as special damages.
- Nominal damages of UGX 2,000,000 awarded for breach of financial consultancy contract.
- Interest on special damages at 21% per annum from 8 November 2007 until payment in full.
- Interest on nominal damages at 8% per annum from date of judgment until payment in full.
- Costs of the suit awarded to the plaintiffs, scaled down to a subject matter of UGX 13,422,500.
Rules and key headnotes
Cases cited (3)
- Habre International Co. Ltd v Ebrahim Alarakia Kassim & Others (SCCA No. 04 of 1994)
- Trollope & Colls v Northwest Metropolitan Regional Hospital Board (1993) 2 All ER 260
- Kamotho v Kenya Commercial Bank Ltd [2003] 1 EA 108
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.