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Business transactions sometimes do not always go as planned. Many business owners at a point in time find themselves in bad debt and deep financial crisis that becomes impossible to remedy.Once an individual or business outfit runs into bad debt, which the creditor does not want to forfeit or...
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article analyses the legal framework for the enforcement of international arbitration awards in Nigeria to determine how … Arbitration Award in Nigeria …
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Prior to the return of democracy in 1999, the Nigerian economy was characterised by government-sponsored monopolies and subsidies in key sectors of the economy. This led to the concentration of market power in the hands of few firms. Post-1999 marked a departure from that norm and the...
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of judicial precedent vis-à-vis the current labour dispensation in Nigeria. Adopting a doctrinal and analogical approach …
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The award of almost ten billion dollars in damages against Nigeria for breach of its contract with P&ID and the leave … granted by an English Court to enforce the judgment against Nigeria raises current issues of the practicality of enforcement … perspective, we conclude that though Nigeria validly waived its sovereign immunity for the purposes of the arbitral proceedings …
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