Ex parte: Balkan Energy Limited and Another; In re: Balkan Energy Limited and Another v Government of the Republic of Ghana (17/18638)
Ex parte: Balkan Energy Limited and Another; In re: Balkan Energy Limited and Another v Government of the Republic of Ghana (17/18638) [2017] ZAGPJHC 197; 2017 (5) SA 428 (GJ) (29 June 2017)
The court held that it has jurisdiction to recognise and enforce the foreign arbitral award under section 2 of the Recognition and Enforcement of Foreign Arbitral Awards Act 40 of 1977, provided that property of the respondent is attached within the jurisdiction. The attachment of shares in AngloGold Ashanti Limited, held by the Government of Ghana, is sufficient to found jurisdiction. The Power Purchase Agreement does not fall within the scope of the Protection of Businesses Act, as it concerns the supply of electricity and not raw materials. Clause 24 of the PPA constitutes a waiver of immu…
Source excerpt
- Recognition And Enforcement Of Foreign Arbitral Awards
- Attachment To Found Jurisdiction
- Foreign State Immunity
- Edictal Citation
- New York Convention
- Protection Of Businesses Act