JUDGMENT
GAEWU, JSC:
My lord, this is an appeal against the judgment of the Court of Appeal dated 5th April 2023 which reversed the judgment of the High Court dated 8th May 2019. In this judgment, the plaintiff/respondent/appellant, shall be known as the “plaintiff” and the defendant/appellant/respondent shall be referred to as the “defendant”.
BACKGROUND
On 21st March 2017, the plaintiff issued a writ of summons and accompanying statement of claim against the defendant. The reliefs endorsed on the Writ of Summons are as follows:
a) Recovery of the sum of £40,760.00 being defendant’s indebtedness on the pounds sterling component of plaintiff’s investment in defendant’s business as of 1st May 2001
b) Interest on the said £40,760.00 at the prevailing interest rate from 2ndMay 2001 till date of final payment.
c) Recovery of the sum of US$9,584.58 being defendant’s indebtedness to plaintiff on the dollar component of plaintiff’s investment in defendant’s business as of 19th July 2015
d) Interest …