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Lloyd's Law Reports Plus

DONEGAL INTERNATIONAL LTD v ZAMBIA

[2007] Lloyd's Rep. Plus 25

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Andrew Smith

Settlement agreement between Zambia and Romania – Benefit of agreement assigned by Romania to claimant – Zambia required to make 36 monthly payments under settlement agreement – English exclusive jurisdiction clause – Zambia waiving immunity – Whether settlement agreement valid by reason of excess of authority by agent or bribery of agent – Misrepresentation, mistake and illegality – Whether settlement agreement contained penalty clauses.

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