A.P. OIL & GAS GHANA LTD. v. MRS. JULIANA FYNN

At the High Court, the parties to a dispute over petroleum supply and the redevelopment and operation of a fuel station near Michel Camp Barrier in Afienya sought and obtained leave to settle, filed their Terms of Settlement, and jointly moved for adoption as a consent judgment. Plaintiff had sued by Writ of Summons dated 12 September 2018 for reimbursement of redevelopment costs, outstanding payments for product supply with interest at the Bank of Ghana rate, and operational control under a Build and Operate/Dealership Agreement, while Defendant counterclaimed for commission from the Mateheko Station and interest. The settlement confers station interest on Defendant as landlord and dealer, grants Plaintiff a ten-year lease with a right of first refusal to renew, appoints Defendant as Station Manager and sole dealer, sets a dealer margin per liter, and makes Plaintiff the sole fuel supplier. Both claims and counterclaims are withdrawn, each party bears its own costs, and specific performance or resumption of proceedings is available upon default. The Court adopted the Terms as the final judgment.