Nigeria: Charges, Mortgages, Indemnities

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Finance law and banking law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital adequacy, BASEL, acquisition finance, debt capital markets, fund finance, islamic finance, securitization and structured finance.
Article
11 Plc V. Milan Industries Ltd & 2 Ors. (SC/CV/374/2023):  Right Of Access To Court And The Constitutional Limits Of Ouster Clauses
The Supreme Court's decision in 11 PLC v. Milan Industries Ltd raises critical questions about the constitutional validity of statutory ouster clauses that restrict judicial remedies. While upholding AMCON's powers to enforce mortgage securities and sell collateralized assets, the court controversially held that Section 34(6) of the AMCON Act validly ousts courts' jurisdiction to grant restorative reliefs, limiting aggrieved parties to monetary compensation only. This interpretation conflicts with constitut
Nigeria Litigation
BC
Babalakin & Co.Legal Practitioners
Article
Corporate Debt Recovery In Nigeria: A Guide For Foreign Investors And Creditors
Foreign investors engaging with Nigerian companies face unique challenges when recovering debts or protecting investments during financial distress. This comprehensive guide examines the legal framework under CAMA 2020, exploring restructuring mechanisms, enforcement of security interests, winding-up procedures, and cross-border insolvency considerations that shape debt recovery strategies in Nigeria's evolving commercial landscape.
Nigeria Insolvency
Adeola Oyinlade & Co
Article
Ship Financing In Nigeria: Why Most Vessel Loans Fail And What Banks, Shipowners And Regulators Must Do Differently
Nigeria's maritime economy faces a critical challenge in ship financing, where decades of failed vessel loans have left banks wary and shipowners struggling. With the Cabotage Vessel Financing Fund preparing for activation, understanding why previous maritime financing interventions collapsed and how to structure bankable transactions has become essential for both lenders and indigenous operators seeking to build a competitive fleet.
Nigeria Finance
OA
Olisa Agbakoba Legal (OAL)
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