Law And Creditor Protection In Nigeria

Author : Onamson, Friday Okafor
Publisher : Malthouse Press
Page : 392 pages
File Size : 41,8 Mb
Release : 2017-08-08
Category : Law
ISBN : 9789789584475

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Law and Creditor Protection in Nigeria by Onamson, Friday Okafor Pdf

Examined here are the legal and practical reasons for the inefficiency of the legal framework of creditor protection in Nigeria. This is amply justified considering the critical role of credit in the promotion of economic growth and development and also bearing in mind the near calamitous consequences the 2009 financial crisis unleashed not only among Nigerian banks and financial institutions, and in the international financial system. The latter nearly led to socioeconomic catastrophe in Nigeria, as well as globally. It is hoped that book is found useful by government, policy makers, academics, corporate financial experts, investment bankers and other stakeholders to initiate and implement efficient policy actions to protect creditors in order to sustain the flow of credit, the engine of any economy.

Author : Okafor Onamson
Publisher : African Books Collective
Page : 393 pages
File Size : 53,7 Mb
Release : 2017-08-08
Category : Law
ISBN : 9789785545302

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Law and Creditor Protection in Nigeria by Okafor Onamson Pdf

Examined here are the legal and practical reasons for the inefficiency of the legal framework of creditor protection in Nigeria. This is amply justified considering the critical role of credit in the promotion of economic growth and development and also bearing in mind the near calamitous consequences the 2009 financial crisis unleashed not only among Nigerian banks and financial institutions, and in the international financial system. The latter nearly led to socioeconomic catastrophe in Nigeria, as well as globally. It is hoped that book is found useful by government, policy makers, academics, corporate financial experts, investment bankers and other stakeholders to initiate and implement efficient policy actions to protect creditors in order to sustain the flow of credit, the engine of any economy.

Author : Chima Williams Iheme
Publisher : Springer
Page : 291 pages
File Size : 54,6 Mb
Release : 2016-08-16
Category : Law
ISBN : 9783319418360

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Towards Reforming the Legal Framework for Secured Transactions in Nigeria by Chima Williams Iheme Pdf

This book offers a valuable guide to one of the most challenging areas of commercial law, now frequently referred to as secured transactions, with a focus on Nigerian, Canadian and United States perspectives. A debtor’s ability to provide collateral influences not only the cost of the money borrowed, but also in many cases, whether secured lenders are willing to offer credit at all. The book proposes that increasing access to, and indeed, lowering the cost of credit could tremendously boost economic development, while at the same time arguing that this would best be achieved if the legal framework for secured transactions in Nigeria, and of course, any other country with similar experiences, were designed to allow the use of personal property and fixtures to secure credit. Similarly, the creation, priority, perfection, and enforcement of security interests in personal property should be simplified and supported by a framework that ensures that neither the interests of secured lenders nor debtors are hampered, so as to guarantee the continuous availability of affordable credit as well as debtors’ willingness to borrow and do business. The book further argues that in addition to the obvious preference for real property over personal property by secured lenders due to the unreformed secured-transactions legal framework in Nigeria, its compartmentalized nature has also resulted in unpredictability in commerce and the concomitant effects of poor access to credit. Through the comparative research conducted in this book utilizing the UCC Article 9 and Ontario PPSA as benchmarks, the author provides reformers with a repository of tested secured-transactions law solutions, which law reformers in the Commonwealth countries in Africa and beyond, as well as the business community will find valuable in dealing with issues that stem from secured transactions.

Author : International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund,World Bank
Publisher : International Monetary Fund
Page : 77 pages
File Size : 48,5 Mb
Release : 2009-04-17
Category : Business & Economics
ISBN : 9781498336055

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An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency by International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund,World Bank Pdf

This study provides an overview of the legal, institutional, and regulatory framework that countries should put in place to address cases of bank insolvency. It is primarily intended to inform the work of the staffs of the International Monetary Fund (IMF) and World Bank, and to provide guidance to their member countries.

Author : Gregory Esangbedo
Publisher : Cambridge Scholars Publishing
Page : 190 pages
File Size : 52,9 Mb
Release : 2023-10-27
Category : Law
ISBN : 9781527552876

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Micro Business Entities and the Reform of Personal Property Security Law in Nigeria by Gregory Esangbedo Pdf

This book examines an enactment that reforms Nigeria’s personal property security law by adopting the unitary system of secured transactions in replacement of the common law system. With the unitary system widely acclaimed for enhancing access to credit for small business entities, the book highlights the drawbacks of the enactment in the attainment of this objective. Being the foremost Nigerian book on the unitary system, it is a significant text for all stakeholders in the credit system within and outside Nigeria, including law academics, practitioners, students and financial regulators. It will interest those in countries that are intent on undergoing similar reform as it provides guidance on the unique features of the unitary system in contrast with those of the common law. In the spirit of reform, the book compares the Nigerian enactment to other similar enactments to highlight potential lessons in areas in which the Nigerian enactment appears to have lost traction.This book examines an enactment that reforms Nigeria’s personal property security law by adopting the unitary system of secured transactions in replacement of the common law system. With the unitary system widely acclaimed for enhancing access to credit for small business entities, the book highlights the drawbacks of the enactment in the attainment of this objective. Being the foremost Nigerian book on the unitary system, it is a significant text for all stakeholders in the credit system within and outside Nigeria, including law academics, practitioners, students and financial regulators. It will interest those in countries that are intent on undergoing similar reform as it provides guidance on the unique features of the unitary system in contrast with those of the common law. In the spirit of reform, the book compares the Nigerian enactment to other similar enactments to highlight potential lessons in areas in which the Nigerian enactment appears to have lost traction.

Author : OECD
Publisher : OECD Publishing
Page : 312 pages
File Size : 49,9 Mb
Release : 2015-05-21
Category : Electronic
ISBN : 9789264208407

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OECD Investment Policy Reviews: Nigeria 2015 by OECD Pdf

This Investment Policy Review examines Nigeria’s investment policies in light of the OECD Policy Framework for Investment (PFI), a tool to mobilise investment in support of economic growth and sustainable development.

Author : Emmanuel Ibe Kachikwu,Mike Agbedor Abu Ozekhome
Publisher : Unknown
Page : 342 pages
File Size : 44,5 Mb
Release : 1988
Category : Corporation law
ISBN : STANFORD:36105044268550

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Nigerian Company and Partnership Law & Practice by Emmanuel Ibe Kachikwu,Mike Agbedor Abu Ozekhome Pdf

Author : Stijn Claessens,Leora Klapper
Publisher : World Bank Publications
Page : 40 pages
File Size : 45,6 Mb
Release : 2002
Category : Bankruptcy
ISBN : 8210379456XXX

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Bankruptcy Around the World by Stijn Claessens,Leora Klapper Pdf

Author : Bronwen Manby,Human Rights Watch (Organization)
Publisher : Human Rights Watch
Page : 230 pages
File Size : 53,6 Mb
Release : 1999
Category : Political Science
ISBN : 1564322254

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The Price of Oil by Bronwen Manby,Human Rights Watch (Organization) Pdf

Attempts to Import Weapons

Author : Azadeh Nassiri
Publisher : Unknown
Page : 0 pages
File Size : 54,7 Mb
Release : 2023
Category : Electronic
ISBN : 1804491853

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The Lending and Secured Finance Review by Azadeh Nassiri Pdf

Author : Vanessa Finch
Publisher : Cambridge University Press
Page : 662 pages
File Size : 47,9 Mb
Release : 2002-09-12
Category : Business & Economics
ISBN : 0521626854

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Corporate Insolvency Law by Vanessa Finch Pdf

Vanessa Finch provides an interesting look at corporate insolvency laws and processes. She adopts an interdisciplinary approach to place two questions at the centre of her discussion. Are current UK laws and procedures efficient, expert, accountable and fair? Are fundamentally different conceptions of insolvency law needed for it to develop in a way that serves corporate and broader social ends? Topics considered in this wide-ranging book include different ways of financing companies, causes of corporate failure and prospects for designing rescue-friendly processes. Also examined are alternative asset distribution of failed companies, allocations of insolvency risks and effects of insolvency on a company's directors and employees. Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose. This book will appeal to academics and students at advanced undergraduate and graduate level, and to legal practitioners throughout the common law world.

Author : Katarzyna Gromek Broc,Rebecca Parry
Publisher : Unknown
Page : 236 pages
File Size : 48,5 Mb
Release : 2006
Category : Electronic
ISBN : 9041130314

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Corporate Rescue by Katarzyna Gromek Broc,Rebecca Parry Pdf

It is primarily to corporate rescue procedures and reforms adopted at the domestic level that this book is devoted. Individual chapters 'each written by an expert or team of experts from the country under scrutiny' consider recent developments and prospec.

Author : Franklin N. Ngwu,Onyeka K Osuji,Frank H. Stephen
Publisher : Taylor & Francis
Page : 342 pages
File Size : 54,8 Mb
Release : 2016-12-08
Category : Business & Economics
ISBN : 9781317353874

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Corporate Governance in Developing and Emerging Markets by Franklin N. Ngwu,Onyeka K Osuji,Frank H. Stephen Pdf

Throughout the world, the Anglo-American model of corporate governance tends to prevail – but no two countries are identical. Governance outcomes in developing and emerging economies often deviate from what theory predicts, due to a wide range of factors. Using insights from New Institutional Economics, Corporate Governance in Developing and Emerging Markets aims to explain the different issues and cultural and legal factors at play, and put forward an alternative governance framework for these economies. Structured in three parts, this text investigates different models of corporate governance; it explores the realities of corporate governance in ten nations, including the ‘BRICS’ (Brazil, Russia, India, China and South Africa) and ‘MINT’ (Mexico, Indonesia, Nigeria and Turkey) countries; and then considers corporate governance reform. This interdisciplinary text will be a valuable tool for students of corporate governance across Business, Economics and Law; and an equally useful resource for anyone working in or carrying out research in this area.

Author : Kayode Akintola
Publisher : Edward Elgar Publishing
Page : 211 pages
File Size : 47,5 Mb
Release : 2020-11-27
Category : Law
ISBN : 9781788971393

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Creditor Treatment in Corporate Insolvency Law by Kayode Akintola Pdf

The significant role of credit in obtaining corporate capital means that credit and the treatment of creditors’ interests raises distinctive issues in the event of company insolvency. In this book, Kayode Akintola addresses these issues, providing an exceptional in-depth analysis of the principles, policy and practice of creditor treatment in corporate insolvency law.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 108 pages
File Size : 54,7 Mb
Release : 1999-08-02
Category : Business & Economics
ISBN : 1557758204

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Orderly and Effective Insolvency Procedures by International Monetary Fund Pdf

Written by IMF's Legal Department, this book outlines the key issues involved in designing and implementing orderly and effective insolvency procedures, which play a critical role in fostering growth and competitiveness and may also assist in the prevention and resolution of financial crises. The book draws on lessons learned from firsthand experience by some of the IMF's 182 member countries. It includes an analysis of the major policy choices that countries need to address when designing an insolvency system, a discussion of the advantages and disadvantages of these choices, and a number of specific recommendations.