*Renaissance Capital Ltd v African Minerals Ltd

Contract – Construction of contract. The claimant investment bank was appointed, under contracts, as the financial adviser of the defendant, which owned, through its subsidiaries, the rights to develop and exploit mineral assets in Sierra Leone. The claimant brought a claim for the payment of millions of pounds worth of fees allegedly due under the contracts and for damages. The Chancery Division held that, on the facts and the true construction of the contracts, the claimant had established some, but not all of its claims.

Category: