INTELLECTUAL PROPERTY SERIES: WHAT YOU SHOULD KNOW ABOUT COPYRIGHT

Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. It refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. Simply put, it is property created by the human intellect.

EQUIPMENT LEASES IN NIGERIA: WHAT EVERY BUSINESS OWNER SHOULD KNOW

At the beginning of the journey of building your business, purchasing the equipment to compete within your market may not be an option, majorly because of funding. And that is where an equipment lease comes to the table. Equipment Leasing is an arrangement where a person known as the lessor gives temporary possession of an

WHAT IS AN INDEMNITY CLAUSE AND HOW IMPORTANT IS IT?

An indemnity is a promise by one party to compensate another for the loss suffered as a consequence of a specific event called the ‘trigger event’ – the trigger event can be anything defined by the parties including, a breach of contract, a party’s fault or negligence, or a specific action. An indemnity clause therefore

WHY SHOULD YOU EXECUTE VENDOR AGREEMENTS AS A BUSINESS OWNER?

No one, and definitely no business can exist in isolation. Hence, demand and supply is at the core of every business, whether what it offers is goods or services, and at the very center of this is vendors. Vendors are persons or other businesses hired to provide products and/or services, be it on a one-time

WHAT YOU NEED TO KNOW ABOUT EMPLOYMENT CONTRACTS

An employment contract also known as contract of employment is an agreement that covers the working relationship between an employer and an employee. It allows both parties to clearly understand their obligations, responsibilities and the terms of employment. An employment contract must clearly define all terms and conditions of the employment relationship. Under Section 91

WHAT YOU NEED TO KNOW ABOUT NON-DISCLOSURE AGREEMENTS (NDAs)

A Non-Disclosure Agreement (NDA) also known as Confidentiality Agreement (CA), Confidential Disclosure Agreement (CDA), Proprietary Information Agreement (PIA) or Secrecy Agreement (SA) is a legal contract or part of a contract between at least two parties that outlines confidential material, knowledge or information which the parties wish to share with one another for certain purpose,

REVIEW OF SOME CHANGES INTRODUCED IN THE NEW FINANCE ACT 2020

The amended Finance Act was signed into law on 31st December 2020 and came into effect on 1st January 2021. The new law, among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy. The new Law introduces over 80 changes to 14 different laws that will affect all

WHAT THE VIOLENCE AGAINST PERSONS (PROHIBITION) ACT SAYS ABOUT DOMESTIC VIOLENCE

After a lot of agitations for the protection of persons facing different forms of violence, especially at home or in love relationships, the Violence against Persons (Prohibition) Act, otherwise known as VAPP Act was passed into law in 2015. This Act came as the much needed improvement on the Criminal Code and Penal Code with

EFFECTIVENESS OF OUT OF COURT MEDIATION IN FAMILY/MARRIAGE DISPUTES

Ordinarily, Mediation is a process whereby a neutral, impartial third party facilitates two or more parties in dispute to communicate with each other in order for them to reach an agreement voluntarily. Family mediation therefore would entail the facilitation of family members (couples) who are in disagreement or dispute with each other to communicate among

COHABITATION, WHAT TO DO WHEN PARTNERS SEPARATE AND CUSTODY OF CHILDREN IS IN ISSUE

Cohabitation is the fact or state of living together especially as partners in life, usually with the suggestion of sexual relations, according to Black’s Law Dictionary, Ninth Edition. It is the act of living together on grounds of emotional and physical intimate relationship and having a sexual relationship without being married.

Where two persons of opposite gender, for whatever reason (usually pregnancy) start living together and having sexual relations without conducting any form of marriage, be it customary or statutory, they cannot be regarded as married in the eyes of the law irrespective of how long they have been together. The best way to describe their relationship is mere cohabitation.