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Showing posts from May, 2020

Weekly Legal Nuggets

THE RADIANT JUSTICE CHAMBERS, OBAFEMI AWOLOWO UNIVERSITY⚖️   LEGAL NUGGETS DUE DILIGENCE  Due diligence became a common practice in the U.S with the passage of the Securities Act of 1933. With that law, securities dealers and brokers became responsible for fully disclosing material information about the instruments they were selling. Failing to disclose this information to potential investors made dealers and brokers liable for criminal prosecution. The writers of the act recognized that requiring full disclosure left dealers and brokers vulnerable to unfair prosecution for failing to disclose a material fact they did not possess or could not have known at the time of sale. Thus, the act included a legal defense: As long as the dealers and brokers exercised "due diligence" when investigating the companies whose equities they were selling, and fully disclosed the results, they could not be held liable for information that was not discovered during the investigatio...

WEEKLY LEGAL NUGGETS

THE RADIANT JUSTICE CHAMBERS, OBAFEMI AWOLOWO UNIVERSITY⚖️   LEGAL NUGGETS Depositions are a part of the discovery process in which litigants gather information in preparation for a trial. A deponent is a person who deposes ( that is, testifies or makes oath in writing) to the truth of certain facts. These facts are reduced to writing and contain the signature of the deponent. This sworn statement in writing is also known as an Affidavit . A deponent could be a witness; especially someone who gives evidence under oath, in a deposition concerning facts known to him or her.   FROM THE DIRECTORATE OF LITIGATION AND RESEARCH.

Time

Time - Agbonyin Victoria  Time Oh ageless icon! Dear to everyone  Like the heart is to the soul Tick tock tick tock Your popular anthem known by all Just like water, no one can get a hold of you Everyone wants more of you But the sad truth is, you are never enough You are held in high esteem by every man Yet you wait for no man Always running with those fast wings of yours The best friend and greatest enemy man have got Sometimes you are there by his side Another time you are running against him Oh ageless icon! A gift that can never be done away with Son of man seems to be at logger heads with you I guess the war continues Till the silent taker -death comes between you.                                                                           Melody writes✍️ I am Agbonyin Victoria ...

WESTERN GATES : HOW THE WEST CAPITALISES ON THE SPREAD OF LIBERALISM AND ITS SUBSEQUENT CREATION OF FACTIONS

     WESTERN GATES : HOW THE WEST CAPITALISES ON THE SPREAD OF LIBERALISM AND ITS SUBSEQUENT CREATION OF FACTIONS - Ajongolo Oluwafemi   From time almost immemorial, western countries especially the more developed ones have been seen as the big brothers of developing countries and Third World countries. An arrangement that's been more of an aggrandizing gesture than altruistic. This is not to say that such projects, investment, aids and so on as the case may be have not done their quota in improving this countries in question - at least to begin with, without western education (a product of these countries), I wouldn't be writing this article ! However, this article will be exploring how their interests in the welfare of this countries and other emerging vulnerable factions is a largely sentimental venture under a facade of benevolence. Better still, we could say it will be an exposition of how the western world harnesses almost every situation to t...

Can anybody hear me?

Can anybody hear me? -  Adegboyega Oluwafemi Samuel Can anybody hear me? I don't need your sympathy! I mean, just like others you have laughed at me Your compliment won't work this time  Can anybody hear me? I'd say my tears are just fuel for my restless dreams Then again, my existence is nothing as it seems Ohh Our father who art in heaven, why must I suffer more? Why have you made collecting my tears a chore? The stares I receive, Like I shame them so bad But the truth is, I only wanted to try Try and fight for what I had Now here I am with this lonely broken soul Awaiting my faith in this pitch black hole. Can anybody hear me? "I am not a preacher of love" said the prophet. What familiar words, words that my parents always rang in my ear I was happy once But never again Will I stand  for your ignorance  And suffer your pain. I look out my window And plan my escape But the more I accomplish The less steps I take. Year after Year, the true me remains ...

RELEVANT PROVISIONS IN THE CYBERCRIME ACT THAT REGULATE DEFAMATION ON SOCIAL MEDIA AND A BRIEF APPRAISAL OF THESE PROVISIONS.

RELEVANT PROVISIONS IN THE CYBERCRIME ACT THAT REGULATE DEFAMATION ON SOCIAL MEDIA AND A BRIEF APPRAISAL OF THESE PROVISIONS. - Shelly Grace.  The term defamation is used to define the injury that is caused to the reputation of a person in the estimation of the right thinking persons in the society generally either as to humiliate , ridicule or expose the individual to hatred and avoidance.           Cyber defamation is publishing a defamatory material against another person with the help of computer or internet.          The Cybercrime (Prevention, Prohibition etc) Act 2015 was brought into law to address crimes committed over the internet and ensure sanity in Information and Communication Technology (ICT) communications in Nigeria. The law seeks to punish the criminal activities of hackers, reduce incidences of internet fraud, protect intellectual property etc.           Defamation on cyberspace is one...

WEEKLY LEGAL NUGGETS

THE RADIANT JUSTICE CHAMBERS, OBAFEMI AWOLOWO UNIVERSITY⚖️ ACCELERATION CLAUSE Acceleration clauses are most common in mortgage loans and help to mitigate the risk of default for the lender. They are usually based on payment delinquencies but they can be structured for other occurrences as well. In most cases, an acceleration clause will require the borrower to immediately pay the full balance owed on the loan if terms have been breached. With full payment of the loan the borrower is relieved of any further interest payments and essentially pays off the loan early at the time the acceleration clause is invoked. A lender may choose to include an acceleration clause to mitigate potential losses and have greater control over a real estate property tied to a mortgage loan. With an acceleration clause, a lender has greater ability to foreclose on a property and take possession of a home. This may be advantageous to the lender if the borrower defaults and the lender believes t...

WEEKLY LEGAL NUGGETS

THE RADIANT JUSTICE CHAMBERS, OBAFEMI AWOLOWO UNIVERSITY⚖️  REBUTTABLE PRESUMPTION   A rebuttable presumption can be overturned only if the evidence contradicting it is true and if a reasonable person could logically conclude from the evidence that the presumption is no longer valid. It exists in both criminal and civil law.  In criminal law, there is a presumption of innocence for the accused, in which the prosecution must prove guilt beyond reasonable doubt.  This is an example of presumption without basic facts.  In Civil law, a child born of a husband and wife living together is presumed to be the natural child of the husband unless there is conclusive proof it is not. Also, a person who has disappeared and not been heard from for seven years is presumed to be dead, but the presumption could be rebutted if he/she is found alive.   FROM THE DIRECTORATE OF LITIGATION AND RESEARCH.