Tagged: ACTION OF DAMAGES FOR BREACH OF DEPOSIT CONTRACT

MARTIN MISOSCHEWSK VS. AFRILAND FIRST BANK (12/19/2025) 0

MARTIN MISOSCHEWSK VS. AFRILAND FIRST BANK (12/19/2025)

This case grows out of an appeal taken from the ruling of our esteem colleague, Madam Justice Jamesetta Howard Wolokolie, when she served as Chambers Justice during the October 2023 Term of this Court. The Chambers Justice in her ruling dated February 8, 2024 sustained the alternative writ of certiorari issued and granted the peremptory writ. The appellant, being dissatisfied with the Chambers Justice’s ruling, noted exceptions and announced an appeal to this Court en banc for review and final disposition.

The facts as curled from the certified records of this case revealed that the appellants, Martin Misoschewsk and Mr.

Accessbank v. Wael Gharzeddine (08/28/2024) 0

Accessbank v. Wael Gharzeddine (08/28/2024)

The Supreme Court is called upon by the appellant, Accessbank (Liberia) Limited, to reverse the final ruling of the Commercial Court presided over by Associate Judge, His Honor Othello S. Payman, I, entered upon the records on February 28, 2023, and in which he adjudged the appellant liable to pay the appellee, Wael Gharzeddine the following amounts: (a) Three Thousand Three Hundred Thirty United States Dollars and Twenty Four Cents (US$3,330.24) as special damages; (b) Five Hundred Thousand United States Dollars (US$500,000.00 as general damages; (c) One Hundred Thousand United States Dollars (US$100,000.00) as punitive damages, and; (d) 6% statutory

G T BANK v. Charles Sirleaf (08/11/2023) 0

G T BANK v. Charles Sirleaf (08/11/2023)

The appellant, Guaranty Trust Bank (Liberia) Limited, has challenged the final ruling of the Commercial Court in which the latter ruled and adjudged the former liable to the appellees, Charles E. Sirleaf and Bojelene Guest House Inc. for breach of deposit contract and awarded damages in the aggregate amounts of One Million, Six Hundred Seven Thousand United States (US$1,607,000.00) Dollars and Fifteen Million, Six Hundred Ninety Thousand Liberian (L$15,690,000.00) Dollars, and has called upon the Supreme Court of Liberia to reverse the final ruling of the Commercial Court.

The certified records show that on September 3, 2020, the appellees, plaintiffs in the Commercial Court of Liberia, instituted an action of damages for breach of deposit contract against the appellant, Guaranty Trust Bank (Liberia) Limited, as defendant below, having complained that the Bank failed to address concerns of fraudulent banking transactions carried on their accounts maintained with the appellant bank. The appellees alleged in substance that Eight Hundred Sixty-Six Thousand, Five Hundred Eighty United States