Blog

13 Apr

COVID 19 AND THE NIGERIAN WORKSPACE

Dear Subscriber, The COVID-19 epidemic continues to spread rapidly and affected countries have resorted to containment by enforcing lockdowns of all social and commercial activities. Nigeria is not left out as Lagos and Abuja are on a full lockdown whilst there is partial lockdown in several other states. This is having is having a huge impact on businesses and Employers/Employees have been scrambling to adjust to these new realities and reactions have ranged from layoffs, reduction in salaries and remote work policies. In this article we answer 5 frequently [...]

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06 Apr

THE WORLD AFTER COVID-19

INTRODUCTION A global, novel virus that keeps us contained in our homes is already reorienting our relationship to government, customers, staff and even family. We know now that touching things, being with other people and breathing the air in an enclosed space can be risky. The memory may fade but it can never vanish completely for anyone who lived through this year. But let's look forward to when Covid-19 is under control and just another reason to wash your hands. Will there [...]

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Force Majeure
15 Mar

FORCE MAJEURE: CONTRACTUAL ISSUES ARISING FROM CORONAVIRUS

Introduction COVID-19, commonly referred to as coronavirus has turned to an epidemic in more than 60 countries and the spate of infections has caused the authorities to take strong measures which have substantially impacted economic activity e.g. travel restrictions have been put in place which has disrupted international supply chains. With no end in sight to the outbreak, companies have started considering Force Majeure as a legal option to mitigate the impact of the crisis on existing contractual obligations. #Meaning A Force Majeure clause is [...]

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Business Outlook
14 Jan

BUSINESS OUTLOOK 2020

The start of a new year is usually heralded by optimism about the future. The new year seems full of possibilities and there are many plans and to-do’s ready to be executed. As we wrap up festivities and we start the journey of a new year, it’s reasonable to keep in perspective the previous years and use that as a basis of forecasting the new year. As is our custom, we now bring to you our analysis of major events that shaped business in 2019 [...]

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Immigration Lawyer Canada
06 Dec

A GUIDE TO CANADIAN IMMIGRATION

As Nigerians continue to intensify efforts to migrate to Canada, many applications suffer rejection because applicants lack knowledge of requirements, incomplete documentation, misrepresentation etc. Here are some of the best ways to immigrate to Canada. #1 – Express Entry Express Entry is a competitive immigration system, ranking all eligible candidates against one another and then inviting the best ranking candidates to apply for Canadian permanent resident status. The system ranks candidates according to their age, education, work experience, and language abilities, and then selects the best candidates to come to Canada. [...]

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02 Dec

LEGAL IMPLICATIONS OF A PRO FORMA INVOICE

Dear Subscriber, Invoicing is an integral part of businesses processes and the term proforma invoice is something we regularly come across, especially in shipping, and is sometimes confused with a commercial invoice or purchase order. The pro forma invoice is a preliminary invoice issued by the supplier in response to a purchase order (issued by buyer) and is subject to adjustments in terms or pricing and quantity. Once you accept the pro forma Invoice, the supplier would then issue the commercial invoice. In business when [...]

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Arbitration in Nigeria
17 Sep

UNDERSTANDING AN ARBITRATION CLAUSE IN A DOMESTIC COMMERCIAL AGREEMENT

Introduction One of the choices available to resolving a commercial dispute is by arbitration. It is a process of dispute resolution distinct from the traditional litigation, mediation and conciliation. Arbitration is the reference of a dispute between two or more parties for a determination, after consideration of the evidence adduced and arguments of all parties, by a person or persons validly appointed acting judicially. It is the process of bringing a business dispute before a disinterested third party for resolution. Although the legal foundation of some kinds of [...]

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19 Aug

BANKRUPTCY: A TOOL FOR DEBT RECOVERY

Bankruptcy is the situation where a person is adjudged as unable to pay his/her debt and the judicial procedure by which such debts are repaid by way of supervised reorganization or liquidation for the benefit of creditors. In developed climes, Bankruptcy is a serious matter as the debtor will have to give up all assets owned by him; it will also involve the foreclosure of any business run by the debtor and same would be shared between the creditors. Bankruptcy in Nigeria Bankruptcy in Nigeria is governed by the Bankruptcy [...]

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05 Aug

ESTATE PLANNING 101: LIVING TRUSTS EXPLAINED

Estate planning is the act of preparing for the transfer of a person's wealth and assets after his or her death. The most common form of Estate Planning in this clime is a will which is a legal document that express the intentions of the deceased on the management, sharing and disposal of his or her assets. In a situation where the deceased fails to leave a will, the family members typically resort to applying for a Letter of administration which [...]

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28 Jul

A GUIDE TO INTELLECTUAL PROPERTY PROTECTION IN NIGERIA

Dear Subscriber, The World Intellectual Property Organization (WIPO) defines Intellectual Property as “creations of the mind, inventions, literary and artistic works and symbols, names, images and designs in commerce”. With the world becoming a global village, the importance and reach of Intellectual Property has assumed a more advanced dimension and has become a sine qua non in domestic and cross border business especially in the areas of licensing and technology transfer. Just as laws have been put in place to ensure protection of tangible properties [...]

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