Background

A General Company for Agriculture Equipment brought a claim before the First Instance Commercial Court against a Czech company claiming the two had signed a contract under which the Czech company would prepare 50 tons of fertilizer with certain specifications outlined in the contract including its delivery to a port at a cost of 32,500,000,000 dinars. However the company failed to prepare the fertilizer and violated the contract despite receiving a payment. The General Company requested the cancellation of the contract and requested the Czech company pay 1,625,000,000 Dinars for the good execution insurance at a 5%, plus 3,250,000,000 dinars for the insurance policy at 10%, and 1,300,000,000 for profit margins and loss of the opportunity to make profit as well as the payment of administrative and legal costs.