Vehicle & Equipment Leasing Limited v Strogen Limited & 2 Others (Civil Suit 194 of 2017)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that defendants were jointly and severally liable for USD 1,283,765.93 in unpaid lease rentals, contractual interest, and early termination costs under a rental agreement and guarantees. The plaintiff established the debt through rental schedules and guarantees, but failed to prove out-of-scope repair costs for lack of documentary evidence. General damages awarded for financial detriment caused by defendants' default.
Outcome
All three defendants held jointly and severally liable to pay USD 1,283,765.93 plus interest and UGX 30,000,000 general damages. Matter proceeded ex parte after defendants failed to adduce evidence.
Facts
In January 2013, the plaintiff leased 32 vehicles and heavy equipment to the 1st defendant under rental schedules totalling USD 70,278.86 monthly over 36 or 60 months. The 2nd defendant executed a corporate guarantee and the 3rd defendant a personal guarantee securing the 1st defendant's obligations. The 1st defendant defaulted on monthly rentals. By December 2015, arrears reached USD 391,049.59, rising to USD 427,983.62 by September 2016. The plaintiff terminated the lease in October 2016 and called on the guarantees. The 2nd defendant admitted liability in a letter dated 24th November 2016, proposing repayment in 36 instalments, but no payments were made. At trial, defendants failed to adduce evidence despite multiple adjournments and their counsel informed the court he could not locate his clients. The court proceeded ex parte.
Issues
- Whether the Defendants are indebted to the Plaintiff and if so, to what extent or by how much.
- What remedies are available to the parties.
Orders
- The Plaintiff is awarded USD 1,283,765.93 being outstanding rentals, interest on the rentals and future rentals payable.
- Interest on the award at 8% per annum from the date of judgment until payment in full.
- The Plaintiff is awarded general damages of UGX 30,000,000.
- The Plaintiff is awarded costs of the suit.
Rules and key headnotes
Legislation cited (2)
Cases cited (1)
- Omunyokol Akol Johnson v Attorney General (Civil Appeal No. 6 of 2012)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.