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An insider traces the details of hope and ambition gone wrong in the ?Giant of Africa, ? Nigeria, Africa's most populous country. When it gained independence from Britain in 1960, hopes were high that, with mineral wealth and over 140 million people, the most educated workforce in Africa, Nigeria would become Africa's first superpower and a stabilizing democratic influence in the region.
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.
This is an indispensable and practical overview of the functions and liabilities of the insolvency practitioner (IP), bringing together the expertise of insolvency practitioners and specialist lawyers. It considers the circumstances in which IPs are appointed, their duties and their powers, before offering a detailed investigation into their potential professional liabilities, as well as in-depth guidance to practitioners and advisers as to how claims might be framed and defended.
Local Content: Unlocking the Potential for Sustainable Development in Developing Nations Developing nations are richly endowed with natural resources, cultural heritage, and untapped potential. However, they struggle with inadequate basic amenities, unemployment, and uneven development. Despite decades of foreign exploitation and exploration, local populations have not fully benefited from their resources. This book, “Local Content Unveiled,” aims to bridge this gap by providing a comprehensive exploration of local content principles, insightful case studies, and real-world examples. It seeks to equip government officials, policymakers, professionals, students, and stakeholders with the ...
This comprehensive book offers a thorough exposition and analysis of all aspects of the dissolution and restoration of companies. Considering all relevant UK legislation and case law, it examines the ways in which companies are both dissolved and restored, the issues that may arise in these processes, and the effects this has on the company and third parties.
This comprehensive book provides a clear analysis of the European Restructuring Directive, which aims to improve national frameworks governing business restructuring and insolvency as well as to provide debt relief for individuals. Gerard McCormack explores the key aspects of the Directive including the moratorium on litigation and enforcement claims against the financially-troubled business, the provision for new financing, the division of creditors into classes, the introduction of a restructuring plan and the rules for approval of the plan by a court or administrative authority.