• Patenting Inventions Generated by Artificial Intelligence: The Way Forward

    Patenting Inventions Generated by Artificial Intelligence: The Way Forward

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    Morris Odeh, Associate with Aluko & Oyebode in his article, Patenting Inventions Generated by Artificial Intelligence: The Way Forward, observes that the world has witnessed significant advancement in the development of Artificial Intelligence (AI) which has opened up unprecedented frontiers, accelerated disruptive innovations, solved complex problems, and reduced human efforts, in almost every industry. While the impact of AI on science and technology is still unfolding, there are currently cases where AI – with the aid of techniques such as machine learning, deep learning and neural networks-have independently generated inventions and have been named as inventors in patent applications. Ordinarily, these inventions should qualify for patent protection. However, the current patent laws only contemplate natural persons as inventors. Odeh examines whether AI-generated inventions will be able to satisfy the fundamental patent requirements of ownership, non-obviousness, patentable subject matter and disclosure, and the difficulties patent offices will and are facing with the advent of AI-generated inventions.

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  • A Critical Examination and Effect of Public Policy on Settlement of Insurance Claims in Nigeria

    A Critical Examination and Effect of Public Policy on Settlement of Insurance Claims in Nigeria

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    Dr Ifeoma Oluwasemilore of the Department of Commercial and Industrial Law Faculty of Law University of Lagos, Akoka Lagos, Nigeriain her article, A Critical Examination and Effect of Public Policy on Settlement of Insurance Claims in Nigeria, attempts a critical look at the meaning of public policy as decided by the Nigerian and English Courts, and instances where the courts have refused to enforce contracts on the ground that they are contrary to public policy. Oluwasemilore further examines the effects of the application of the rules of public policy to first and third-party insurances and advocates a clear delineation and codification of what constitutes public policy to enhance uniformity in the effect of its application to contracts of insurance.

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  • An Examination of the Regulatory Framework for the Establishment of Insurance Business in Nigeria and the United States of America

    An Examination of the Regulatory Framework for the Establishment of Insurance Business in Nigeria and the United States of America

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    Dr Kehinde Anifalaje of the Department of Commercial and Industrial Law Faculty of Law, University of Ibadan Nigeria in his article, An Examination of the Regulatory Framework for the Establishment of Insurance Business in Nigeria and the United States of America, examines the legal regime for the establishment of insurance business in Nigeria and the United States of America with special focus on authorisation as well as solvency and technical adequacies. Dr Anifalaje argues that though there are competitive advantages in the decentralised state regulation in the United States of America than the monolithic regulation in Nigeria, the constitutional arrangement of insurance regulation would not readily give room for State control in the latter. He concludes that both forms of regulatory control have their merits and that the policymakers must give sufficient consideration to the socio-economic realities within the country before adopting any of the alternative frameworks.

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  • An Analysis of Revamped Functionality for Vicarious Liability in Nigeria

    An Analysis of Revamped Functionality for Vicarious Liability in Nigeria

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    Dr Chinwuba Nwudego, Associate Professor of Law University of Lagos Akoka Nigeria in her article, An Analysis of Revamped Functionality for Vicarious Liability in Nigeria, observes that Tort Law, a judge driven law, contemplates a soft constitutional framework of assuring to parties who may not necessarily be in direct contract, a remedy for injuries suffered. She examines the contemporary and comparative scope, development and application of vicarious liability in Nigeria and the United Kingdom. She further explores the policy and theoretical basis, and the modern scope and criteria for engaging vicarious liability. She summarises the progress of the law in this area and shows how it has continued to be the organising spirit of society.

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  • An Analysis of Corporate Criminal Liability in Nigeria

    An Analysis of Corporate Criminal Liability in Nigeria

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    Veronica Ekundayo, Orisakwe Okechinyere, and Olalekan Lalude all of the Babcock University, School of Law and Security Studies Iperu Nigeria, in their article An Analysis of Corporate Criminal Liability in Nigeria, examine the concept and jurisprudential underpinnings of corporate criminal liability. They explore Nigerian criminal statutes providing for liability of companies for criminal infractions. They also consider judicial attitude to corporate criminal liability in Nigeria, the practice in other jurisdictions and conclude that the Nigerian regulatory framework should employ modern approaches in tackling corporate criminal liability in the country.

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  • An Overview of the Nature of Security Interest of a Charge under Nigerian Law

    An Overview of the Nature of Security Interest of a Charge under Nigerian Law

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    Oluwaseun Ojo, Associate at Olaniwun Ajayi LP undertakes An Overview of the Nature of Security Interest of a Charge under Nigerian Law. He observes that security is central to debt financing arrangement between parties as it seeks to find a balance amongst the commercial interests of both parties. On the part of the lenders, security gives a sense of assurance of repayment of the loans and, on the part of the borrowers, availability of security guarantees unlimited access to credit facilities. Of all the common security interests typically taken by lenders in corporate financings, the Charge is the most popular. It is often utilised both in simple and complex commercial and secured lending transactions in Nigeria. Ojo examines the purpose of and the different types of security, the nature and extent of interest created under a charge and relevant statutory requirements for perfection of a charge.

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  • An Analysis of the Consent Requirement of Section 84 of the Sheriff and Civil Process Act 2004 and the Judgement Enforcement Power of Courts

    An Analysis of the Consent Requirement of Section 84 of the Sheriff and Civil Process Act 2004 and the Judgement Enforcement Power of Courts

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    Chimezie Onuzulike, Associate at G. Elias & Co in his article An Analysis of the Consent Requirement of Section 84 of the Sheriff and Civil Process Act 2004 and the Judgement Enforcement Power of Courts,notes that where money liable to be attached by garnishee proceedings is in the custody or under the control of a public officer in his official capacity, Section 84 of the Sheriff and Civil Process Act 2004 (SCPA) requires that the consent of the Attorney-General of the Federation or State be obtained before such attachment may be made. This appears to grant the Attorney-General some discretion to determine whether certain judgments of courts may be enforced against monies in custody or control of a public officer. Chimezie examines the rationale behind 84 SCPA vis-a-vis the sacrosanct judgment enforcement powers of the court.

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  • Acquisition of Land by Foreigners in Nigeria: A Legal Analysis

    Acquisition of Land by Foreigners in Nigeria: A Legal Analysis

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    Victor Ojetayo of the Ajayi Crowther University Oyo Nigeria and Ajiboye Ibiyemi in their article, Acquisition of Land by Foreigners in Nigeria: A Legal Analysis, note that with the increased participation of foreigners in Nigeria’s economic landscape through Foreign Direct and Portfolio Investments, resident and non-resident foreigners may wish to own real property in Nigeria. Ojetayo and Ibiyemi present an exposition of relevant case laws, the Land Use Act, Acquisition of Land by Alien Law and other statutes for their perspective on acquisition of land by foreigners in Nigeria.

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  • The Gravitas Review of Business & Property Law Vol.11 No.1

    The Gravitas Review of Business & Property Law Vol.11 No.1 – Print

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    In this issue of The Gravitas Review of Business & Property Law Vol.11 No.1, there are well researched articles on:

    • Arbitration
    • Intellectual Property
    • Litigation Practice & Procedure
    • Investments & Securities Law
    • Banking Law & Practice
    • Constitutional Law
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  • The Gravitas Review of Business & Property Law Vol.11 No.1

    The Gravitas Review of Business & Property Law Vol.11 No.1 – E-Book

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    In this issue of The Gravitas Review of Business & Property Law Vol.11 No.1, there are well researched articles on:

    • Arbitration
    • Intellectual Property
    • Litigation Practice & Procedure
    • Investments & Securities Law
    • Banking Law & Practice
    • Constitutional Law
    5,000.00
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  • The Gravitas Review of Business & Property Law Vol.11 No.1

    The Gravitas Review of Business & Property Law Vol.11 No.1

    0

    In this issue of The Gravitas Review of Business & Property Law Vol.11 No.1, there are well researched articles on:

    • Arbitration
    • Intellectual Property
    • Litigation Practice & Procedure
    • Investments & Securities Law
    • Banking Law & Practice
    • Constitutional Law
    5,000.00
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  • The Liberalisation of Locus Standi in Environmental Cases in Nigeria: An Appraisal of the Supreme Court's Decision in Centre for Oil Pollution Watch v NNPC

    The Liberalisation of Locus Standi in Environmental Cases in Nigeria: An Appraisal of the Supreme Court’s Decision in Centre for Oil Pollution Watch v NNPC

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    Adeniyi Olatunbosun, Professor of Public Law, and Dean Faculty of Law, University of Ibadan, Nigeria and Kingsley Onu, Lecturer Adeleke University Ede Nigeria in their article, The Liberalisation of Locus Standi in Environmental Cases in Nigeria: An Appraisal of the Supreme Court’s Decision in Centre for Oil Pollution Watch v NNPC, comprehensively examine the concept of locus standi in environmental cases. They review the decision of the Supreme Court in COPW V NNPC regarding the locus standi of a non-governmental organisation to sue for an act of environmental degradation. They conclude with an analysis of the effect of the Supreme Court’s decision on future of environmental litigations in Nigeria.

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