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Almost all companies have a credit arrangement with a financial institution, particularly a bank. Others typically utilize long-term loans to pay capital expenditures, while some companies periodically use short-term loans to finance transitory working capital needs. All credit requests are required to undergo a thorough evaluation of the borrower’s capacity to pay back the debt […]

This essay aims to examine the legal regulations governing aircraft operations liability. It is known that a claimant must meet the requirements of Article 17 of the Montreal Convention, 1999 in order to be eligible for compensation in aviation claims. This means that the claimant will not be able to get compensation for injuries sustained

The marital rape exception under Section 375 has been a topic of debate and discussion ever since its codification in the Indian Penal Code. The recent judgment by a division bench of the Delhi High Court gave a split verdict on whether or not to declare such an exception unconstitutional in light of transformative and

Refugees are persons outside their countries of origin who need international protection because of a serious threat to their life, physical integrity or freedom in their country of origin due to persecution, armed conflict, violence or serious public disorder.  The need for international protection arises because they cannot avail themselves of the protection of their

The Companies and Allied Matters Act, 2020[i] came with innovations aimed at opening up the Nigerian corporate space, boost the Federal Government’s Economic Recovery and Growth Plan with a view to launching Nigeria into top 70 economies by 2023. One of such provisions is s. 303 which is an improvement on s. 277 of CAMA

The Niger Delta region is one of the major regions in Nigeria where the oil spillage is prevalent. Over the years, several laws have been passed with a view to abating the menace. Despite the existence of these enactments, the problem of oil spillage persists. This paper examines selected legal legislations pertaining to the regulation,

Poor coffee prices, constant delays in payment, lack of government support and poor management of cooperatives have been the major challenges that have faced Kenya’s coffee sector for a while. Many Kenyan coffee farmers that had once reaped immense profits from the crop are no longer singing this tune. Although Kenyan coffee is considered among

Globalization has united the world and enhanced the interaction between states, defined all economic, political, social and cultural differences. Today the corporate form is an omnipresent part of modern commercial life and is significant in the economic lives of states. The multinational corporation (or international or transnational corporation) is a business organization whose activities are

Contemporarily, the right of access to electricity has become very topical with many scholars having diverse views as to the nature and scope of the right. Due to the effects of climate change, the source of electricity generation is currently of prime importance. Clean electricity has topped the pyramid in terms of importance as opposed

This article basically seeks to examine the liability of Receiver/Manager in the realization and preservation of company security in Nigeria. They are various statutes which have painstakingly pointed out the circumstances in which a receiver may incur liabilities. Example abounds such as the Factories Acts, the Food and Drugs Acts, Capital Gains Tax, Value Added