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Rwanda decisions
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The Supreme Court held that Koperative Abadahemuka remained bound to repay its loan despite account freezing, while denying damages and surety liability.
The Supreme Court held that contract interest and late-payment fees could generate further interest, and upheld a partial award against the guarantors.
The Supreme Court partly allowed BRD’s appeal, enforcing the loan contract and awarding BRD the principal debt, interest, late fees, and costs.
Appeal in a bank debt dispute dismissed in part and cross-appeal allowed. The court upheld liability for the loan and ordered joint payment with the surety.
The Commercial High Court dismissed Mungu Akonkwa’s appeal, upheld the loan repayment schedule, rejected his claim to interest on the guaranty, and confirmed costs against him.
The Commercial High Court held that coheirs managing inherited property could not mortgage it without all heirs’ consent, and set aside the loan security and prior damages.
The Supreme Court held that KALISA’s evidence was not illegally submitted, that the unmodified loan contract bound the parties, and dismissed his damages claims.
BPR's act of returning the loaned funds without justification constituted a breach of contract, resulting in a loss of opportunity for the appellant. The court found no evidence of actual business loss but awarded civil damages for the lost chance, as determined by judicial appreciation.
Source excerpt
The Supreme Court held that expulsion from a cooperative did not end appellants’ suretyship liability for a bank loan, and dismissed the appeal.
The Supreme Court partly allowed both appeals in a bank-loan dispute, reduced excessive damages, offset payments against the debtor’s liability, and recalculated the final sums owed.
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