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  • August 19, 2020

    Enforcement of Contractual Obligations in International Trade: A Cursory Look into the Maritime and Aviation Industry and the Effects of COVID-19 on Existing Contracts

    AUTHORS: Oluwatosin Odebiyi, Joan Monye and Sharon Juwah INTRODUCTION The Nigerian Ports Authority has opted to take one hundred percent of the financial burden of waivers at the seaports and have gone a step further to issue credit notes to Port Terminal Operators.[1] The Aviation sector is however not as fortunate as the Nigerian Aviation …

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  • July 22, 2020

    EMBRACING POST- PANDEMIC REALITIES IN THE MARITIME INDUSTRY

    Authors: Nnamdi Oragwu, Ugochukwu Nwaokike and Sharon Juwah Keywords: Force Majeure, Maritime, Pandemic, Relief Introduction The COVID pandemic has wreaked havoc on economies of the world, on a global scale as economists and fiscal policy experts associate its effect as the worst global economic crisis of the century in comparison with the global economic recession …

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  • July 17, 2020

    THE REGIME OF SETTING ASIDE ARBITRAL AWARDS: EFFICACIOUS OR ANTITHETICAL TO THE ARBITRAL PROCESS?

    AUTHORS:  Richard Obidegwu and Leroy Edozien Background Arbitration has grown in popularity over the years due to its party centred nature and the more stable timeline for resolution of matters. One of the main issues regarding arbitration is the alarming rate in which losing parties apply to set aside awards, negating the consideration of time effectiveness that …

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  • July 15, 2020

    Embracing Post-Pandemic Realities in the Aviation Sector

    The effort by many countries of the world to curtail the importation and community spread of the virus led to the closure of borders and the introduction of social distancing guidelines respectively.

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  • July 9, 2020

    Court Sitting in Post COVID-19 Era: Re-evaluating Decorum and Etiquette in Virtual Proceedings

    Authors: Ebelechukwu Enedah and Leroy Edozien with invaluable contribution from Adeyinka Abdulsalam Introduction Court-room etiquette is imperative in the administration of justice. It preserves professionalism, efficiency and fairness in legal practice. The aim of this paper is to re-assess decorum and etiquette in virtual proceedings which have come to stay in the “new normal”. This …

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  • July 3, 2020

    Debt Recovery Litigation and Force Majeure Arguments- the Aftermath of the COVID-19 Pandemic

    Betty Biayeibo, Rukevwe Ekpobedefe and Sharon Juwah INTRODUCTION The worldwide outbreak of the Corona Virus Disease (COVID-19) has disrupted trade[1] and affected cashflow projections for many businesses, especially SMEs[2], inevitably leading to repayment delays or outright inability to repay loans[3] or credit facilities taken before the pandemic.  From the creditor’s perspective, due obligations ought to …

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  • July 1, 2020

    2020/2021 Edition: International Insolvency & Restructuring Report

    There is no specific legislation in Nigeria for the recognition of foreign insolvency proceedings, orders, or judgments as well as for co-operation between domestic and foreign courts, coordination of concurrent proceedings or communication of information. Nigeria only has a limited framework for recognition and enforcement of an international monetary judgment which must be final and …

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  • June 16, 2020

    MAXIMIZING THE PROVISIONS OF THE PENSION REFORM ACT (PRA) 2014 AS AN ECONOMIC STIMULUS & PALLIATIVE IN LIGHT OF THE COVID-19 PANDEMIC

    INTRODUCTION The adverse effects of the COVID-19 pandemic has taken a heavy hit on labour and employment relations. In some jurisdictions, policies and measures such as insurance, government grants, concessions and palliatives have been put in place to cushion the effect of the economic crunch and cater for the ever-increasing unemployment rate.  However, in Nigeria, …

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  • May 21, 2020

    Survey Report on Business Continuity Conducted by PUNUKA Attorneys & Solicitors

    From the health sector to aviation and transport, tourism and hospitality, education, business, recreation, oil & gas, real estate, and manufacturing, the pandemic has continued to cause grave impacts with resultant grave consequences. The statistics as of May 19, 2020 showed a total number of 4,971,499 cases with 324,115 reported deaths globally. In Nigeria, the …

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  • May 21, 2020

    Business Continuity Challenges & Accessing the CBN COVID-19 Intervention Funds

    The outbreak and rapid widespread of Corona Virus (Covid-19) in Nigeria currently constitutes a threat and poses several challenges to business owners in respect of its continuity as a going concern. To tackle this pandemic menace, the Federal Government rolled out various economic survival measures and intervention funds to support business continuity and preserve the …

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