Attorney General of the Republic of Ghana v Texaco Overseas Tankships Ltd (Texaco Melbourne)
Jurisdiction | England & Wales |
Judgment Date | 1991 |
Date | 1991 |
Year | 1991 |
Court | Queen's Bench Division (Commercial Court) |
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2 cases
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Attorney General of the Republic of Ghana v Texaco Overseas Tankships Ltd (Texaco Melbourne)
...by consent against the shipowners for damages to be assessed. At a hearing before Webster J. in July 1991 on the issue of damages [1992] 1 Lloyd's Rep. 303, the crucial question was the identification of the relevant currency. For the Department, it was argued that the relevant currency wa......
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Ghana (Attorney General) et al. v. Texaco Overseas Tank Ships Ltd., (1994) 164 N.R. 193 (HL)
...from 2.75 cedis to the dollar in 1982, to 375 cedis to the dollar by the date of trial. Webster, J., in a decision reported at [1992] 1 Lloyd's Rep. 303, held that the appropriate currency was the U.S. dollar and entered judgment for $2,886,187.10 together with interest. The shipowners The ......