African Export-Import Bank v The National Government of the Republic of South Sudan
The Defendants are liable for the sums claimed under the Facility Agreements and Guarantees. The Court has jurisdiction by virtue of exclusive jurisdiction clauses and valid service on the process agent. The Defendants are not entitled to sovereign immunity due to express submission to jurisdiction and the commercial nature of the transactions. The Defendants have no real prospect of defending the claims and there is no other compelling reason for a trial. Summary judgment is appropriate.
Source excerpt
- Summary judgment
- Sovereign immunity
- Jurisdiction
- Contract enforcement
- Loan agreements
- Guarantees