Legal Briefs

EMERALD HOTEL LIMITED & 3 ORS –VERSUS – BARCLAYS BANK UGANDA LIMITED & 4 ORS

The High Court (Commercial Division) passed a judgment in favor of the Plaintiffs in this landmark legal suit. The honourable court observed the following among other important legal issues; Circumstances that warrant the sale of mortgaged property which sale must also be done lawfully; The validity of a management agreement signed by a receiver; The registration of a caveat which must satisfy the statutory requirements whereby the Caveator must claim an ‘estate or interest’ in order to be entitled to lodge the [...]

Read more...