MR. FEMI ANIBABA V. DANA AIRLINES LIMITED & ANOR (2025) 9 NWLR (Pt. 1994). On Determination of exchange rate to be used for conversion of award of damages in foreign…
CHIEF (HON.) NKWO NNABUCHI & ORS V. I.G.P. & ORS (2025) 8 NWLR (PT. 1993) 495 ON WHO IS AN AGGRIEVED PERSON An aggrieved person is a party who has…
The essence of an arbitration clause in an agreement is that the parties agree that in the event of a dispute arising between them as regards any aspect of their contract, the dispute shall be settled by a tribunal of their choice. The advantages of this course of action are numerous. It saves costs in the long run. The parties are at liberty to choose their arbitrator. They are more likely to accept the outcome of the process. The procedure adopted in arbitration proceedings is less formal than the regular courts and the usual delays experienced through litigation in court are reduced to the barest minimum.
The relevant consideration in the determination of the competence or validity of a ground of appeal is whether it discloses a triable, arguable or reasonable complaint against the judgment appealed against. So that even if it is improperly or poorly or inelegantly couched, phrased or framed, if it discloses a triable or reasonable complaint, then it would be valid and how it is couched or framed would not matter. (P. 92, paras. E-G).
Where an agent enters into a contract on behalf of a disclosed principal, the law
generally treats the principal as a party to the contract. The principal assumes all
rights and obligations arising from the transaction, and the agent is merely a
conduit through which the principal’s intentions are executed. This principle is
rooted in the fundamental doctrine of the law of agency that an agent, acting
within the scope of his authority, does not become personally liable for actions
taken on behalf of a disclosed principal.
