...Eagles of the Emerging Global Legal Trends
By Sun Natha-Alade & Partners (SNATHAP)
Contracts are the backbone of commercial and personal transactions. Whether it involves the sale of goods, employment, construction projects, tenancy arrangements, partnerships, or service agreements, contracts provide certainty and legal protection to the parties involved.
The law recognizes the principle that agreements freely entered into should be honoured. This is reflected in the ancient Latin maxim Pacta Sunt Servanda, meaning "agreements must be kept." Once parties have entered into a valid contract, each party is expected to perform their obligations according to the agreed terms.
However, disputes often arise when one party fails, refuses, or neglects to fulfil their obligations. Such conduct may amount to a breach of contract and may entitle the innocent party to legal remedies.
Business relationships often require parties to exchange confidential information before formal agreements are concluded or transactions are completed. Investors may request access to business plans, employers may share proprietary information with employees, and companies may exchange commercially sensitive information during negotiations.
Without adequate legal protection, valuable information may be misappropriated, copied, disclosed, or exploited by others.
In today's increasingly competitive and information-driven economy, confidential information is often one of the most valuable assets an individual or business possesses. Trade secrets, customer databases, business strategies, financial records, product designs, research findings, proprietary technologies, and commercial negotiations frequently represent years of investment, innovation, and effort.
The unauthorized disclosure of such information can lead to significant financial loss, reputational damage, loss of competitive advantage, and costly legal disputes. Consequently, businesses and professionals must take proactive steps to safeguard sensitive information. One of the most effective legal mechanisms for achieving this objective is the Non-Disclosure Agreement (NDA).
In today's digital age, creative content is produced, shared, and consumed at an unprecedented rate.
A photograph posted on social media can be downloaded within seconds, an article can be copied and republished across multiple websites, and a piece of music can be distributed to millions of people with a single click.
While technology has made access to information easier, it has also increased the risk of unauthorized use of creative works. Many individuals and businesses use, share, repost, adapt, or even sell the creative works of others without realizing that such works may already be protected by law. Consequently, what may seem like a harmless repost, download, or business opportunity could, in certain circumstances, amount to copyright infringement.
The rapid advancement of information and communication technology has transformed the way individuals, businesses, and government institutions communicate, transact, and conduct daily activities. From online banking and e-commerce to social media and electronic governance, technology has become an indispensable part of modern life. While these innovations have created immense opportunities for economic growth and social development, they have also given rise to new forms of criminal activity.
CERTIFICATE
OF OCCUPANCY (C OF O): WHAT EVERY LAND BUYER MUST KNOW BEFORE PAYING FOR LAND
By Sun Natha-Alade
& Partners (SNATHAP)
Introduction
Land remains one of
the most valuable and sought-after investments in Nigeria. Whether for
residential, commercial, industrial, or agricultural purposes, acquiring land
is a major financial decision that requires careful legal investigation.
Unfortunately, many
land purchasers focus solely on the physical appearance or location of a
property without adequately verifying its legal status. One of the most
important documents every prospective land buyer must understand is the
Certificate of Occupancy (C of O).
2️⃣ A sample adoption petition format as filed in the Family Court of the Lagos State High Court.
Identity vs. Property Rights
Under Nigerian law, adultery is not a criminal offense, but it can have legal consequences, especially in civil matters like divorce and compensation claims.
Judicial separation is a legal process that allows married couples to live apart while remaining legally married. Unlike divorce, it does not terminate the marriage but provides relief from marital obligations. In Nigeria, judicial separation is governed by the Matrimonial Causes Act (MCA) 1970.
Under Section 39 of the MCA, a party to a marriage may apply to the court for a decree of judicial separation based on the same grounds as divorce, except that the marriage is not dissolved.
Child custody matters in Nigeria are mainly regulated by:
Custody decisions depend on various factors, including the child’s best interests, age, and parental capacity.
A void marriage is considered never to have existed legally. Common mistakes that lead to a void marriage include:
Non-compliance with legal requirements
Divorce law in Nigeria is governed primarily by the Matrimonial Causes Act (MCA) 1970, which sets out the legal framework for the dissolution of marriages. Divorce in the circumstances applies only to marriages solemnized under the Matrimonial Causes Act (exclusive of customary marriage and Islamic Marriage) Here’s everything you need to know:
Nigeria follows a "no-fault" divorce system, meaning that a party must prove that the marriage has "broken down irretrievably." This can be established under any of the following eight grounds:
A pre-nuptial agreement (prenup) is a legal contract entered into by a couple before marriage to outline how their assets, liabilities, and financial matters will be handled in the event of divorce, separation, or death. It sets clear financial expectations and helps protect individual interests.
Legality and Enforceability
Under Nigerian law, a marriage can only be dissolved if it has broken down irretrievably. Common grounds include:
Nigeria recognizes different types of marriage, each with distinct legal implications:
If you choose a statutory marriage, you cannot legally marry another spouse. However, customary and Islamic marriages allow polygamy. Your choice affects your rights, inheritance, and divorce process.
The recent Central Bank of Nigeria’s directive BSD/DIR/GEN/LAB/14/001 prohibiting commercial banks and other financial institutions from transacting and allowing payments to be made through their platforms has thrown the whole country into a frenzy. While the CBN justified the controversial directive by alluding to the volatility, anonymity and crime-enhancing nature of crypto-currencies, many Nigerians have accused the apex financial regulatory body of being backward and not in tune with global technological trends and innovations.
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| Ifeoluwa Badejo |
Industrial design in its simple definition is fundamentally an expression of style or form that is unique, distinct from a known or already existing work of art. Therefore, for the purpose of the flourishing and increase in the innovations and new creations of designs and ideas, there is a need to protect the innovations, new creations of designs and ideas, even though not in its entirety but a quantum of it. Industrial Design is not about the external appearance of an article, design or material but in its peculiarities, distinctiveness, and significance or striking appearance and how it is appealing to the eye.
Company structure
The primary law
governing companies and businesses in Nigeria is the Company and Allied Matters
Act (CAMA). It deals with the various types of company structures, eligibility,
process for registration, and rules for operation.
The regulatory body that is in charge of implementing the provisions of the CAMA is the Corporate Affairs Commission (CAC).