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Privity of Contract and Right to Sue Where There Is No Signed Contract under Nigerian law

Privity of Contract and Right to Sue Where There Is No Signed Contract under Nigerian law

Published: 02 Dec 2019

Article authored by EMMANUEL EKPENYONG FCIArb. (UK), Managing Partner, Fred-young & Evans LP. Generally, the doctrine of privity of contract stipulates that it is only parties to a contract that have right to sue and be sued to enforce the rights and obligations arising from the contract. This means a third party to a contract cannot sustain any claim arising from a contract. However,...

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UAE Country by country Filing Consideration for MNEs

UAE Country by country Filing Consideration for MNEs

Published: 28 Nov 2019

Background and Purpose On 30 April 2019, the United Arab Emirates (“UAE”) Ministry of Finance (“ MoF ”) issued ‘Cabinet Resolution No. 32 of 2019 concerning Regulation of the Submission of Reports by Multinational Companies’, setting out CbCR compliance obligations for multinational entity groups (“MNE groups”) based in the UAE. Almost simultaneously with the introduction of economic substance...

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Essential Intellectual Property Clauses in Employment Contracts

Essential Intellectual Property Clauses in Employment Contracts

Published: 27 Nov 2019

Introduction Intellectual property rights are valuable business assets which businesses rely on to gain and maintain a competitive edge in the marketplace. They have the ability to provide high returns if they are leveraged upon and adequately protected. Examples of these assets include list of customers, sales tactics, business concepts, trade secrets, confidential information, invented or...

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Update on the support provided to professionals by the French Health Authority for the deployment of e-health in France

Update on the support provided to professionals by the French Health Authority for the deployment of e-health in France

Published: 26 Nov 2019

Article authored by Geoffroy Lacroix, Soulier Avocats, France GLE Expert, Health Law In a series of articles published this month, the Haute Autorité de Santé (French Health Authority) recalled the materials it has produced in connection with the deployment of e-health in France. The French Health Authority has indeed developed tools, guides and guidelines to support developers of ...

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OVERVIEW OF THE NIGERIAN ENERGY & NATURAL RESOURCES INDUSTRY

OVERVIEW OF THE NIGERIAN ENERGY & NATURAL RESOURCES INDUSTRY

Published: 26 Nov 2019

Article authored by Olayinka Alao, Managing Partner, Renaissance Practice Introduction The Nigerian Energy and Natural Resources Industry is comprised of the Oil and Gas, Power, and Mining sub-sectors. A marked feature of this Industry is the predominance of the Federal Government’s influence and control which may be attributed to the highly centralized federal system of government adopte...

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FinTech Week in Hong Kong: Details

FinTech Week in Hong Kong: Details

Published: 22 Nov 2019

Hong Kong hosted FinTech Week, a week of financial technologies, on November 4-10. The event was attended by over 8 thousand representatives of FinTech companies who talked about their ideas and latest developments. Some initiatives are voiced by the government providing strong support to FinTech ecosystems in Hong Kong. The event’s attendees also included representatives of private companies op...

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Company Registration in Great Britain: a Perfect Platform for International Expansion

Company Registration in Great Britain: a Perfect Platform for International Expansion

Published: 22 Nov 2019

You are investing a great amount of effort, time and money into your business to promote its growth. The undertaking might be generating good income but there is always room for perfection. So how about opening a company abroad? What is different about successful entrepreneurs, is that they are committed to entering new markets and setting up overseas companies. This is a great way to maximize one...

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Special offer: A UK company with an account, just 1100 euro!

Special offer: A UK company with an account, just 1100 euro!

Published: 19 Nov 2019

The company cost is 950 euro + 150 euro for an account with IBAN number* Option to set up an additional account just for 650 euro Company and account launched within 3 weeks A corporate IBAN account in Great Britain (set up in the company’s country of registration) The major advantages of a British company include: Speed – the company registration process is quick and can be performed onli...

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