RLR-V.1- 2016
The Supreme Court held that the Rwandan courts had jurisdiction because the contractual clause selecting the London High Court of Justice was unreasonable and lacked material connection to the dispute or parties. The appellant failed to show that the London court was more appropriate or convenient. The Court further held that the appellant was liable for contractual interest at 12% per annum as agreed, calculated from July 2010 until judgment, and for the principal debt. The cross-appeal for higher interest and additional advocate's fees was only partially granted.
Source excerpt
- Jurisdiction clauses in international contracts
- Enforcement of foreign jurisdiction agreements
- Calculation of contractual interest
- Delay interest in commercial contracts