Standard Chartered Bank (Hong Kong) Ltd (a company incorporated in Hong Kong) and another v Independent Power Tanzania Ltd (a company incorporated in Tanzania) and others

Practice – Summary judgment. The Commercial Court allowed the claimant banks' applications for summary judgment in proceedings arising out of the financing of a power plant in Tanzania. None of the defendants had any defence to the claim. The claimants were entitled to the declarations sought and judgment for the sum of the debt owed.