Debentures, serve as contractual obligations between creditors and the company, and often include a charge on the company’s assets, akin to a mortgage transaction.
While historical instances have witnessed courts imposing liability for trespass to the person even in cases of negligence, contemporary practice generally adheres to the specified criteria. The primary objective of the tort of trespass is to uphold an aggrieved party’s right (the Claimant) to freedom from interference with their person, property, or goods. Trespass is deemed actionable per se, indicating that compensation is awarded irrespective of damage to the Claimant.
The Land Use Act, LFN, 2004, contains a provision that grants the Federal and State Government ownership of lands. These lands are to be overseen and administered by the Ministry responsible for lands and land-related matters, or any other authority appointed by the Governor for this specific purpose, on behalf of the Federal Government.
The Food Safety Policy of Nigeria 2014 is a very comprehensive document that seeks to give voice to the endless concern of the government about the obtainable realities of Food safety in the country.
The Nigerian election jurisprudence experienced an expansion in 2023. This is not unconnected with transformations brought about by the decisions of the various election petition courts and tribunals on petitions, which arose, from either the primaries of political parties or the conduct of the 2023 general election. Hence, while the Courts and Tribunals largely expounded the law, there were modifications in application to suit appropriately the circumstances of each case. These positions of law no doubt impact Nigerian legal jurisprudence and constitute a foundation for future decisions on related subjects.
Minority Shareholder Protection, Oppression Remedy, Corporate governance, Equitable Incomes, Investors’ rights and Shareholders’ Interests
Lomé Charter aims for a secure African maritime future but faces hurdles. Challenges include a non-binding nature, unclear provisions, and capacity gaps. Solutions involve strengthening legal force, boosting clarity, and addressing resource constraints.
Nigeria’s electric power policy involves efforts to address challenges in the power sector, focusing on generation, transmission, and distribution of electricity. The vital aspects may include promoting renewable energy, improving infrastructure, privatization of certain segments, and enhancing regulatory frameworks to attract investment and ensure efficiency.
The Rules of Professional Conduct for Legal Practitioners 2023 was made on the 6th of June 2023 to provide ethical standards …
One of the essential requirements for the enforcement of netting arrangements under the Act is that the transaction in question …