LAW OF CONTRACT

Avoid Bad Business Deals with the help of a lawyer: The Ultimate Things You Need to Know

Introduction to avoid bad business deals In a serious commercial transaction, a lawyer is often the difference between a calculated risk and an expensive mistake. In Nigeria, a competent transactional lawyer does not merely review a draft agreement; the lawyer tests the deal for legal validity, commercial imbalance, hidden risk, unenforceable clauses, and future exit […]

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SPECIFIC PERFORMANCE IN CONTRACT: THE IMPORTANT THINGS YOU NEED TO KNOW

Introduction to Specific Performance in contract You finally secure a deal to purchase a prime piece of land in Lagos, perfect location, proper title, and agreed price. You pay a substantial part of the purchase price. Suddenly, the seller backs out and decides to sell to someone else offering a higher price. You are offered

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THE ROLE OF LAWYERS BEFORE SIGNING A CONTRACT: IMPORTANT THINGS YOU NEED TO KNOW

Introduction to the role of a Lawyer before Signing a Contract A while ago, I was with a client to review one of the contracts sent to him by the other party and the terms of the contract were rather absurd and unacceptable. I said to myself, “Thank God this man came to a lawyer”

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