The Plaintiff, Kendwa Rocks Hotel, sued the Defendants for breach of contract, seeking damages for unpaid accommodation fees. The Court found the Defendants breached the agreement by failing to pay the outstanding balance of USD 329,526. The Court awarded Plaintiff the outstanding principal sum plus interest, with requested general, and punitive damages, totalling USD 399,526.
Agizo
i. The Defendants are hereby ordered jointly and severally to pay the Plaintiff the outstanding principal sum of USD 329,526.
ii. The Defendants are hereby ordered to pay interest on (i) above, at the Bank rate of 20% from when the payment becomes due on 16 March 2022 until the principal sum is fully satisfied.
iii. The Defendants are hereby ordered jointly and severally to pay the Plaintiff general damages of USD 30,000.
iv. The Defendants are hereby ordered jointly and severally to pay the Plaintiff the sum of USD 40,000 as punitive damages.
v. The Defendants are hereby ordered to pay the Plaintiff’s legal costs incurred in this Suit.