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The Role of Transaction Avoidance Mechanisms in Corporate Insolvency Law in Nigeria
0₦2,500.00Business failure is a recurring phenomenon that cannot be ignored. Several factors contribute to corporate insolvency, including inefficient corporate management, corruption, the socio-political and economic environment, and government policies. Meanwhile, the primary financial burden of corporate insolvency is shifted to the creditors. They are therefore the most vulnerable and most exposed when a corporation fails. The protection of creditors in such situations has remained a challenging legal issue to address in a just and efficient manner, and options adopted have, in most instances, failed to offer full protection. Considering the above legal problem, Ejims Enwukwe, in his article, The Role of Transaction Avoidance Mechanisms in Corporate Insolvency Law in Nigeria, explores and analyzes the legal dynamics and complexities of transaction avoidance mechanisms in the protection of creditors under Nigerian insolvency law. Enwukwe concludes that transaction avoidance, when properly applied, has strong potential to protect creditors in corporate insolvency. This is without prejudice to some of the identified limitations of the mechanism. Nevertheless, the existing framework is a commendable start that Nigeria can further build on to better protect creditors in corporate insolvency. Enwukwe recommends legislative intervention to strengthen and optimize the role of transaction avoidance in protecting creditors in corporate insolvency.
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The Intersection of Insolvency and International Commercial Arbitration Nigeria and Selected Jurisdictions
0₦2,500.00Joshua Olewu in his article, The Intersection of Insolvency and International Commercial Arbitration: Nigeria and Selected Jurisdictions, examines the challenges posed by the intersection of insolvency with international commercial arbitration (ICA), such as validity of arbitration agreement, capacity, arbitrability, award enforcement etc,. He examines the position of Nigeria on this intersection and recommends lessons from the approaches in some jurisdictions with developed jurisprudence over the subject matter. Olewu, finds through a doctrinal methodology, that some developed jurisdictions (USA and France) have a systematized and internationalist approach towards addressing issues connected with the subject matter and recommends for Nigeria, the promulgation of clearly defined legislative instruments and/or reforms in order to provide regulatory clarity and other attendant benefits.
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The Gravitas Review of Business & Property Law Vol.11 No.3 – Print
0₦5,000.00In this issue of The Gravitas Review of Business & Property Law Vol.11 No.3, there are well researched articles on:
- Labour Law
- Environmental Law
- Commercial Law & Practice
- International Trade Law
- Intellectual Property Law
- Insolvency Law
- Litigation Practice & Procedure
- Taxation
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The Gravitas Review of Business & Property Law Vol.11 No.3 – E-Book
0₦5,000.00In this issue of The Gravitas Review of Business & Property Law Vol.11 No.3, there are well researched articles on:
- Labour Law
- Environmental Law
- Commercial Law & Practice
- International Trade Law
- Intellectual Property Law
- Insolvency Law
- Litigation Practice & Procedure
- Taxation
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The Gravitas Review of Business & Property Law Vol.11 No.3
0₦5,000.00In this issue of The Gravitas Review of Business & Property Law Vol.11 No.3, there are well researched articles on:
- Labour Law
- Environmental Law
- Commercial Law & Practice
- International Trade Law
- Intellectual Property Law
- Insolvency Law
- Litigation Practice & Procedure
- Taxation
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An Examination of the Effect of the Acquisition of An Eligible Bank Asset of an Insolvent Company by AMCON on the Status of the Company’s Liquidator
0₦2,500.00Lawrence Ochulor, Associate at Babalakin & Co. Lagos Nigeria, in his article, An Examination of the Effect of the Acquisition of An Eligible Bank Asset of an Insolvent Company by AMCON on the Status of the Company’s Liquidator, considers the acquisition of an eligible bank asset by AMCON and the legal implications of the acquisition on the status of a liquidator specifically appointed for liquidating the affairs of a debtor company. Lawrence interrogates the traditional rights of a mortgagee in a typical loan/mortgage transaction, the interest vested in AMCON on the acquisition of an eligible bank asset, whether AMCON acquires and could exercise more rights than its predecessor in title concerning the acquired bank asset, the status of a liquidator appointed for a debtor company, and whether AMCON’s acquisition of the eligible bank asset truncates the liquidator’s appointment
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The Gravitas Review of Business & Property Law Vol.6 No.2 – Print
0₦5,000.00In this issue of The Gravitas Review of Business & Property Law Vol.6 No.2, there are well researched articles on:
- Company Law & Practice
- Banking Law & Practice
- Investments & Securities Law
- Insolvency Law
- Maritime Law
- Taxation
- Tourism
- Practice Notes
- Book Review
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The Gravitas Review of Business & Property Law Vol.6 No.2 – E-Book
0₦5,000.00In this issue of The Gravitas Review of Business & Property Law Vol.6 No.2, there are well researched articles on:
- Company Law & Practice
- Banking Law & Practice
- Investments & Securities Law
- Insolvency Law
- Maritime Law
- Taxation
- Tourism
- Practice Notes
- Book Review
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The Gravitas Review of Business & Property Law Vol.6 No.2
0₦5,000.00In this issue of The Gravitas Review of Business & Property Law Vol.6 No.2, there are well researched articles on:
- Company Law & Practice
- Banking Law & Practice
- Investments & Securities Law
- Insolvency Law
- Maritime Law
- Taxation
- Tourism
- Practice Notes
- Book Review