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GHANA CABLE CO. LTD V. BARCLAYS BANK (GH.) LTD

(2009) JELR 68471 (SC)

Supreme Court  •  CIVIL APPEAL. NO.J4/18/2008  •  25 Nov 2009  •  Ghana

Coram
ATUGUBA JSC, ANSAH JSC, OWUSU (MS) JSC, ANIN YEBOAH JSC, BAFFOE-BONNIE JSC.

Judgement

JUDGMENT

ATUGUBA, JSC.

The Plaintiff per its Writ of Summons against the defendant claimed the following:

“a.) Plaintiff Company’s claim against defendant is for damages for the total collapse of the plaintiff company’s business, loss of good will loss of profits resulting from breach of contract by defendant for unlawfully withdrawing credit facilities for plaintiff company under credit facility agreement for making funds available for plaintiff company for importation of much needed machinery and equipment, spare parts appliances etc, for rehabilitation and repair of plaintiff company’s factory as manufacturers of electric cables etc. and to enable plaintiff company remain in business.
b) Alternatively, for a declaration that defendants are liable to make substantial funds available for plaintiff company under credit facility agreement with defendants to enable plaintiff company bounce back into business by rehabilitation, repairing, replacing machinery and for importation of raw materi…

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