MAXCARL

MAXCARL

The court entered judgment based on the parties' consent settlement, marking the suit as settled in accordance with the terms of the deed of settlement, including payment, abandonment of prior awards, and mutual release of claims.

Source-derived case information.

Citation
MAXCARL
Parties
Plaintiff: Maxcarl Investment Limited; 1st Defendant: Cosco Shipping Specialized Carriers Co. Limited; 2nd Defendant: Chinese-Tanzanian Joint Shipping Company
Court
TANZLII
Jurisdiction
Tanzania
Judgment Date
25 February 2025
Procedural Posture
Civil Case / Consent Judgment
Outcome
Suit marked as settled by consent judgment.
Legal Topics
Settlement, Damages, Negligence, Consent Judgment
Source Language
english
Civil Law Tort Law Contract Law Settlement Damages Negligence Consent Judgment

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2 Amounts and remedies 3
Sign in to unlock

Parties

Maxcarl Investment Limited

Plaintiff

Cosco Shipping Specialized Carriers Co. Limited

1st Defendant

Chinese-Tanzanian Joint Shipping Company

2nd Defendant

Procedural Posture

Civil Case / Consent Judgment

Legal Issues

  1. 1 Liability for tortious acts and damages
  2. 2 Enforceability of settlement agreement
  3. 3 Abandonment of prior award

Ratio Decidendi

The court entered judgment based on the parties' consent settlement, marking the suit as settled in accordance with the terms of the deed of settlement, including payment, abandonment of prior awards, and mutual release of claims.

Court Disposition

Suit marked as settled by consent judgment.

Orders

  • First Defendant to pay Plaintiff TZS 92,000,000 (approx. USD 40,000) as full and final settlement within 60 days.
  • Plaintiff abandons any right to enforce or demand payment in respect of TASAC award of TZS 185,000,000 dated 20 February 2024.