The maxim, “Once on Demurrage, always on Demurrage” is with respect to the subject matter of a Charterparty. There are different types of charterparties namely; bareboat/demise, time and voyage. This article will focus on time and voyage charter parties. In a time or voyage charter party, the charterer hires the vessel for a specific…
The role small and medium enterprises play in the development of a country is very important. SMEs contribute to the development of Nigeria in terms of employment, growth and development, and marketing of goods and services. The Nigerian Government is turning its attention more than ever to small and medium scale industries and entrepreneurs as…
Arbitration in Nigeria continues to experience an upward spiral as an effective dispute resolution mechanism adopted by parties engaged in contemporary commerce. Presently, there is a widespread practice of embedding arbitration agreements in the commercial transactions flowing from various areas of the economy, particularly the energy and maritime sectors. Interestingly, there also appears to be…
The ECOWAS Court was established as a sub-regional international Court in 2001 pursuant to Articles 6 and 15 of the Economic Community of West African State (ECOWAS) Revised Treaty, (subsequently referred to as ECOWAS Revised Treaty). Pursuant to the provisions of Article 10 of the Supplementary Protocol of the ECOWAS Court adopted in January…
At the recently concluded Business Recovery and Insolvency Practioners Association of Nigeria (BRIPAN) International Conference themed, “Driving Business Rescue in the Shadow of the Law”, which was well organized, well attended and very enlightening, several salient issues were raised in the discussions by speakers and discussants alike. In all, insolvency practice in Nigeria needs to…
INTERNATIONAL BAR ASSOCIATION AFRICA REGIONAL FORUM CONFERENCE, ACCRA 2017 PRESENTATION ON THE CHALLENGES OF MANAGING LEGAL STAFF AND THE MILLENNIALS IN A LAW FIRM PRESENTED BY PRISCILLA OGWEMOH (MRS), MANAGING PARTNER – OLISA AGBAKOBA LEGAL Good Afternoon Gentlemen, I congratulate the International Bar Association Africa Regional Forum and the Ghanaian Bar Association for successfully hosting…
The Managing Partner of Olisa Agbakoba Legal, Mrs. Priscilla Ogwemoh has won the best Female Managing Partner of the year award in Nigeria. The award was presented to Ogwemoh by Mrs. Funke Adekoya SAN at Oriental Hotel in Lagos. Ogwemoh was among the shortlist for this year’s Law Digest Africa Awards out of over 200…
The objective of this particular OAL Maritime Master Class Series (MMCS) was to provide an avenue for offering knowledge to relevant representatives of financial institutions in respect of maritime law and practice, with particular focus on ‘ship arrest procedure’. Below are pictures from the event…
It is not news that Olisa Agbakoba Legal (OAL), is highly steeped in the field of maritime law and practice. Capitalizing on this position, an inaugural quarterly Maritime Master Class Series (MMCS) was held on Tuesday, July 26, 2016. The target audience for the inaugural session was participants from financial institutions, who attended the event.…
Olisa Agbakoba Legal (OAL) was recently instructed to advise a client on the possibility of raising capital by way of Crowdfunding. Interestingly I had undertaken a short course on this very interesting finance model and I was able to sink my teeth into this very challenging brief. Crowdfunding is alternative financing by which small…
