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Choosing a Nigerian Arbitral Institution: Guidance for Businesses on Costs

by BBaC | Apr 9, 2021 | Arbitration Rules, International Arbitration, Nigeria Arbitration

When drafting arbitration agreements, businesses rarely set out detailed rules and procedures to match their particular needs. Indeed, during negotiations, businesses are reluctant to consider the possibility that things will not work out as planned. They, therefore,...

The LACIAC Adjudication Rules: An Overview

by BBaC | Apr 8, 2021 | Adjudication, Arbitration Rules, LACIAC, Nigeria Arbitration

The Lagos Chamber of Commerce International Arbitration Centre (LACIAC) introduced its Adjudication Rules on 9th December 2020. The Rules provide a framework for resolving disputes that arise in long-term construction contracts, where parties may wish to obtain...