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Enforcement of Arbitral Awards: Navigating the Uncertainties of Public Policy Defence
0Chimezie Onuzulike in his article, Enforcement of Arbitral Awards: Navigating the Uncertainties of Public Policy Defence, examines the contemporary trends in public policy defence as a ground for resisting the enforcement of or setting aside arbitral awards. One of the reasons for the attractiveness of arbitration is the finality of the resulting award. Although in principle, arbitral awards are final -and should in fact be so-, in practice this is not necessarily so. Award debtors always find reasons to resist the enforcement of awards, or worse, to apply to set them aside on one of the permissible grounds. One of such permissible grounds is the public policy ground. Public policy is a relative concept dependent on the prevailing moral, social, political, economic or legal principles of each state. Since public policy Is based on application of a state’s legal principles and values, States continue to expand the list of acts that may be seen as contrary to public policy. Recently, the Russian Courts in two cases refused enforcement of an arbitral award on public policy grounds because- in one case- the award creditor, and- in the other case- the arbitrators were nationals of a country deemed ‘unfriendly’ under Russian legislation.
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Unlocking Impact Financing in Nigeria: A Guide to Funding
0Susan Omeh in her article, Unlocking Impact Financing in Nigeria: A Guide to Funding, sheds light on the various financing options available for impact and sustainable projects in Nigeria. In doing this, Omeh analyses the laws and incentives applicable to such projects while also proffering the best approach for compliance. With environmental, social and governance considerations taking a more centralized stage globally, the need to ease financing options for impact-related projects is becoming increasingly necessary for developing countries such as Nigeria. Although the bane of impact projects and sustainable infrastructure development in Nigeria is often tied to financing, a greater challenge lies in the nonuse of commercially viable finance options (allowing maximum profit while promoting impact) and the absence of clear regulatory framework(s) to maximize the utilization of impact funds. The bottom-line effect is often a movement in circles with an organization/investor reverting, at the end of an impact project, to the position it was before the financing and construction of the impact project.
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Inherent Jurisdiction of Courts under Nigerian Law and Practice: A Lubricant in the Dispensation of Justice
0Theophilus Ochonogor in his article, Inherent Jurisdiction of Courts under Nigerian Law and Practice: A Lubricant in the Dispensation of Justice, discusses the concept of inherent jurisdiction, its meaning, nature and origin, its application under Nigerian law and practice, and how it has become a veritable lubricant in the dispensation of justice. Courts in Nigeria are creations of the Constitution, which is the nation’s grundnorm. The Constitution grants the jurisdictions of the various courts. There are also such statutes as the Supreme Court Act, the Court of Appeal Act, the Federal High Court Act and the various High Court Laws of the various states which make provisions for supplementary jurisdictions of the different courts. It is the law that a court is bound to act within its jurisdiction as expressly provided under the Constitution or other relevant statute. The Constitution further provides that the powers of courts “shall extend, notwithstanding anything to the contrary in this Constitution, to all inherent powers and sanctions of a court of law.”
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Perspective on Education as a Profession: Case for Professional Educators
0Fifelomo Dawodu in her commentary, Perspective on Education as a Profession: Case for Professional Educators, takes a swipe at the various somersaults in the regulatory policies of the Ministry of Education highlighting the systemic impact on the entire educational sector. The Education Ministry has been trending lately. Constantly we hear and read in the popular media about pronouncements, claims, directives, counter-narratives on many issues. Some of the more recent rancorous topics have been minimum entry age for universities, compulsory vocational subjects from Basic 1, re-introduction of History as a stand alone subject, and extension of basic education to 12 years. The debate of late has been fast and sometimes, furious. Sadly, many of those interventions, the result of many moons of painstaking research may never be seen. This is most likely the case and it reinforces the general criticism of academia in our part of the world, that academia is removed from our day to day reality and does not offer much in terms of practical solutions to society’s challenges.
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The Gravitas Review of Business & Property Law Vol.6 No.1
0In The Gravitas Review of Business & Property Law Vol.6 No1, there are well researched articles on:
- Intellectual Property
- Company Law & Praactice
- Labour
- Arbitration
- Taxation
- International Investments
- Book Review
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The Gravitas Review of Business & Property Law Vol.6 No.1 – E-Book
0In The Gravitas Review of Business & Property Law Vol.6 No1, there are well researched articles on:
- Intellectual Property
- Company Law & Praactice
- Labour
- Arbitration
- Taxation
- International Investments
- Book Review
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The Gravitas Review of Business & Property Law Vol.6 No.1 – Print
0In The Gravitas Review of Business & Property Law Vol.6 No1, there are well researched articles on:
- Intellectual Property
- Company Law & Praactice
- Labour
- Arbitration
- Taxation
- International Investments
- Book Review
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The Gravitas Review of Business & Property Law Vol.6 No.2
0In 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
0In 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
-
The Gravitas Review of Business & Property Law Vol.6 No.2 – Print
0In 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.3
0In this issue of The Gravitas Review of Business & Property Law Vol.6 No.3, there are well researched articles on:
- Corporate Law & Practice
- Land Law
- Intellectual Property Law
- Taxation
- Litigation Practice & Procedure
- Energy
- International Trade Law
- Economic Crimes & Sanction
- Practice Note
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The Gravitas Review of Business & Property Law Vol.6 No.3 – E-Book
0In this issue of The Gravitas Review of Business & Property Law Vol.6 No.3, there are well researched articles on:
- Corporate Law & Practice
- Land Law
- Intellectual Property Law
- Taxation
- Litigation Practice & Procedure
- Energy
- International Trade Law
- Economic Crimes & Sanction
- Practice Note