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Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank (18952 Views)

Court Awards Honeywell N‎72.2 Billion Damages Against Ecobank / Court Awards ₦200 Million To Yobe Girl Electrocuted By MTN Cable / Nigerian Court Awards $10 Million Damages Against Shoprite For Contract Breach (2) (3) (4)

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Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by jimoholuyemi3(m): 9:13am On Jul 21, 2023
FOOTSOLDIER2:
Dey play. Shey the whole of Ecobank worth 72bn ?

Yoruba oponu. Stop stealing our south south oil. We want to our Niger Delta republic



Your Mumu is on another level
I comot hand for your matter
Eeehi

1 Like

Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by advanceDNA: 9:13am On Jul 21, 2023
Acekidc4:
Ecobank should Appeal the Judgement. There must be a very tangible reason for Ecobank to freeze the account.

Read u nor gree read the short article
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by Olarewaju89: 9:21am On Jul 21, 2023
FOOTSOLDIER2:
Dey play. Shey the whole of Ecobank worth 72bn ?

Yoruba oponu. Stop stealing our south south oil. We want to our Niger Delta republic


undecided

Who told you that you are from Niger Delta

You better go back to Madagascar where you came from.

3 Likes 1 Share

Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by Gbadebo19(m): 9:21am On Jul 21, 2023
Acekidc4:
Ecobank should Appeal the Judgement. There must be a very tangible reason for Ecobank to freeze the account.
They can't win. It was an ex parte order. An ex parte order is one that is sought without the notifying the other party.
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by adecz: 9:22am On Jul 21, 2023
I cry 😭😭😭 on behalf of ECO Bank
who were misled by their lawyers ...
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by HRMK: 9:28am On Jul 21, 2023
money don come for oba and honeywell be dat oooooo.....congrats!
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by LARRYOBRAIN(m): 9:58am On Jul 21, 2023
All I see on this thread is people hired by Honeywell and Ecobank

Time will tell.
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by DeLaRue: 9:59am On Jul 21, 2023
Many lawyers don't pay much attention to indemnity clauses in a contract. That is dangerous for their clients.

At University and law school, tutors spend may be 5 mins in total on Indemnities, and so lawyers start practicing not truly understanding its ramifications.

When you allow your client to promise before a court, to indemnify another party, that is doubly dangerous.

An indemnity is effectively an insurance/assurance and very close to a guarantee.

It should not be given lightly.

Once given, there are not many ways to get out of it.

3 Likes

Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by histemple: 10:12am On Jul 21, 2023
Ikaeniyan0:
They will likely appeal but the funny thing is that even Otudeko is owing Ecobank billions of naira. Well, is good for Eco bank, they gave out billions of naira to otudeko and didn't ask him for any meaningful collateral.

Also remember that Otudeko is different from Honeywell.

2 Likes

Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by CaptMarvel(m): 10:26am On Jul 21, 2023
Not much.. Just $80Million 😁
Dem go pay. grin
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by AfonjaPriest: 11:20am On Jul 21, 2023
Ecobank lawyer cook soup, put Ecobank as meat, now Honeywell wan balance eat am.
Congratulations to the Ecobank's lawyer;he has done well.
If you are intelligent, go to court and observe court proceedings, you'll be concerned about the quality of our lawyers. Some of them cannot speak properly, even in their legal lingo. Some of them cannot adopt a good strategy to win a case, because they are too lazy to think.
That shouldn't be shocking, but truly disappointing.

1 Like 1 Share

Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by ChengHun(m): 2:47pm On Jul 21, 2023
How much is the whole bank?
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by Countersam(m): 3:21pm On Jul 21, 2023
Acekidc4:
Ecobank should Appeal the Judgement. There must be a very tangible reason for Ecobank to freeze the account.
Bro it's late. They already lost their case against Honeywell twice.

2 Likes 1 Share

Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by Treasure17(m): 9:00pm On Jul 21, 2023
wunmi590:


😆 how much do you have in the account, let me part of your legal team 🤣
Don't worry, Falana will handle the case for free.
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by justmondris: 9:55pm On Jul 21, 2023
Why do Nigerian courts take almost forever to pass judgement? What have they been investigating in this case for 8 years?
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by sharone21(f): 12:52am On Jul 22, 2023
Honeywell has always been good stock to buy.

ECOBANK needs to wake up and live up to its name. Not so good.
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by johnaruson(m): 7:32am On Jul 22, 2023
Nepotism: A (family) lawyer's mistake cost Ecobank N72B. Who hired the lawyer?
Re: Court Awards Honeywell ₦‎72.2 Billion Damages Against Ecobank by wunmi590(m): 9:07am On Jul 22, 2023
Treasure17:

Don't worry, Falana will handle the case for free.

😆 🤣

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