Third-Party Funding as a Panacea for an Amicable Adjudication of International Arbitration Disputes in Nigeria under the Arbitration and Mediation Act 2023

• 영문명: Third-Party Funding as a Panacea for an Amicable Adjudication of International Arbitration Disputes in Nigeria under the Arbitration and Mediation Act 2023
• 발행기관: 한국중재학회
• 저자명: Clement Ighodargho OSUYA
• 간행물 정보: 『중재연구』제33권 제3호, 95~106쪽, 전체 12쪽
• 주제분류: 사회과학 > 무역학
• 파일형태: PDF
• 발행일자: 2023.09.30

영문 초록

This informative piece delves into the intriguing and crucial history of third-party funding in Nigeria and its application in the Arbitration and Mediation Act of 2023. The article analyses the impact of this funding on cross-border transactions while addressing concerns about mandatory disclosure. The absence of remedies or sanctions for non-disclosure is also a matter of concern that warrants thoughtful examination. The article looks closer at the role of courts, tribunals, and arbitral institutions in addressing gaps in the Act. Ultimately, it presents a well-considered set of recommendations for moving forward. Overall, this piece provides a comprehensive and insightful look into the intricate world of third-party funding and its significance within the Nigerian legal system.

목차

Ⅰ. History of Third-Party Funding in Nigeria

Ⅱ. Meaning and scope of third-party funding under the Arbitration and Mediation Act, 2023.

Ⅲ. The impact of the Arbitration and Mediation Act 2023 on cross-border transactions.

Ⅳ. The issue of mandatory disclosure as provided by the Arbitration and Mediation Act, 2023.

Ⅴ. The silence of the Act on remedies or sanctions in cases of non-disclosure.

Ⅵ. The role and impact of the courts/tribunals/arbitral institutions in determining the gaps in the Act.

Ⅶ. Recommendations and Conclusion

References

키워드

Third-Party Funding Arbitration and Mediation Act 2023 Cross-border transaction Mandatory disclosure Non-disclosure