Agreements in Software Technology Licensing Arrangements
July 30, 2021 Omaplex 0 Comments

Software licensing allows a Licensee to legally use software, the usage of which would otherwise have been a copyright breach. A software license grants usage rights to an end-user and defines the scope and extent to which an end-user can deploy the software of an owner subject to consideration.

The Interplay Between Electronic Information and Litigation
June 21, 2021 Omaplex 0 Comments

Although Nigeria has no law specifically mentioning the preservation of electronic data in litigation, the general obligation to do so can be found in the provisions of the Rules of Various Courts, the Evidence Act, 2011 and the Rules of Professional Conduct, 2007. It is important to consider each of these in relation to the specific matter of preservation of electronic information.

The New Real Estate
May 7, 2021 Omaplex 0 Comments

The real estate professional understands the big picture. He or She knows that each individual transaction, no matter how big or small, has an economic effect that ripples far beyond the parties gathered around the table.

Intellectual Property and Sports; Importance, Landmarks and Current Trends
April 30, 2021 Omaplex 0 Comments

The world of sport has fast become a billion-dollar entity, morphing from a mere recreational activity to a financial and economic haven. In its own right, sporting activities account for over 3.7% of the aggregate GNP of the twenty-eight EU states. It is also responsible for over 3% of world trade. It employs fifteen million people in the EU, which is about 5.4% of the entire European labor force. In December 2020, NBA superstar Giannis Antetokounmpo agreed to sign a five-year contract extension with the Milwaukee Bucks worth $228.2 million, in what is the largest deal in NBA history today . Barcelona FC conceded in January 2021 that Lionel Messi indeed earned $167 million a year on a 4-year contract he signed in 2017 .

Securitization of Assets featured
April 22, 2021 Omaplex 0 Comments

The fundamental reason behind securitization is the need for institutions to derive value from the assets on their balance sheet. These assets could be residential mortgages, corporate loans, debt instruments, among others.

Some of the factors that necessitate securitization include:

Presumption of Innocence and Burden of Proof
April 15, 2021 Omaplex 0 Comments

“If a person charged with murder or any other offence which the law prescribes the death penalty pleads guilty to it, a plea of not guilty is to be recorded by the Court on his behalf and the case heard as if he had pleaded not guilty. In any other circumstance, his actual plea is to be recorded”.

Current Trends In Artificial Intelligence And Business disruption
April 8, 2021 Omaplex 0 Comments

Technology has proven time and time again that it has come to stay, from the advent of computers, to mobile phones, to digitalization and now to Artificial Intelligence. The industry has gone through various degrees of failures and successes and it has finally picked up to the extent that it has started to affect and transform our way of doing business.

Regulation of Big Tech: A Conundrum of Interests
April 1, 2021 Omaplex 0 Comments

On the 8th of January, 2021, the world awoke to receive the news that former American President, Donald Trump had been banned from Twitter for ‘inciting comments’ in the wake of the attacks at the American Capitol which left five persons dead. Commenting on the rationale for the ban, Twitter CEO Jack Dorsey via a Twitter post observed: