A lot of aspiring and existing business owners often struggle to appreciate the difference between a registered company and a registered business name. This no doubt affects their ability to decide which form of business to register at commencement....
Settlement of property refers to the process whereby the property of a party to a marriage or joint property of both parties is finally transferred to one of the parties or distributed amongst both parties and the title(s) vested accordingly....
Contracts of employment, also known as contracts of service have the effect and recognition of a simple contract. Simple contracts are governed by applicable legislations including limitation Laws or Act as the case may be....
A guarantee is defined as a collateral agreement for the performance of another’s undertaking or an agreement in which the guarantor agrees to satisfy the debt of another...
The High Court within the jurisdiction where a final arbitral award was made is statutorily empowered by virtue of the provisions of sections 29, 30 and 48 of the Arbitration and Conciliation Act (the “Act”) and section 55 of the Lagos State Arbitration Law (the “Law”) to set aside such arbitral award on the basis of an application brought by a party aggrieved by it.[ii]
An amendment to the Companies Act 2015 (the “Act”) by the Statute Law (Miscellaneous Amendment) Act 2019 introduced a new section 93A to the Act that required each company to have and maintain a register of its beneficial owner(s)....