Never Sign A Deal Without This Clause - Business (2) - Nairaland
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| Re: Never Sign A Deal Without This Clause by elipheleh(m): 5:34pm On Oct 10, 2017 |
This too is risky. What if the arbiterato is secretly bought over by the other party? And you say his sole judgement is final. What if his judgement has been corrupted? Unlike courts there is no appeal whatever Absolute power corrupts absolutely. 2 Likes |
| Re: Never Sign A Deal Without This Clause by Xkalaban(m): 5:40pm On Oct 10, 2017 |
Good to know this piece of info. Op thanx a milli.... |
| Re: Never Sign A Deal Without This Clause by asawanathegreat(m): 5:41pm On Oct 10, 2017 |
Dis one neva enter my ear yet oo add more to it. |
| Re: Never Sign A Deal Without This Clause by steve6: 5:42pm On Oct 10, 2017 |
Nice info! |
| Re: Never Sign A Deal Without This Clause by dingbang(m): 5:43pm On Oct 10, 2017 |
Translate into simple english |
| Re: Never Sign A Deal Without This Clause by correctguy101(m): 5:44pm On Oct 10, 2017 |
MissChievous199:You'll come to Lagos niyen  |
| Re: Never Sign A Deal Without This Clause by correctguy101(m): 5:49pm On Oct 10, 2017 |
dingbang: Dem say, before you sign any agreement with anybody, make you shine eye wella wella and make sure you get "Incase wahala happen" paper wey you and the person go sign. And use one woli, pastor or imam or lawyer wey go do judgement Incase the "incase wahala happen" paper dey needed I'm lost  3 Likes |
| Re: Never Sign A Deal Without This Clause by emmadejust(m): 5:49pm On Oct 10, 2017 |
Badtman: How much for your sneakers... Size 46 |
| Re: Never Sign A Deal Without This Clause by Nobody: 5:49pm On Oct 10, 2017 |
@ OP, you forgot the fact parties still have the exclusive or inherent rights to approach a competent court within jusridiction for preservative rights in prsonam or in rem , for interim Orders preserving the res (subject matter of the suit and this could also take years) because any Orders sought and obtain are appellable by a party so dissatisfied by the above said others. Arbitration clause simpli cita, does not cut it. Litigation will still find a way in. Pls see the Arbitration and Conciliation Act, and rules incendetal thereto. NB: If my client briefs me and all he wants is time, trust me to use everything within reach to do the needful. |
| Re: Never Sign A Deal Without This Clause by ALPHAGUY: 5:54pm On Oct 10, 2017 |
OP, ADR must be that of lagos state. |
| Re: Never Sign A Deal Without This Clause by jacksonite98(m): 6:00pm On Oct 10, 2017 |
Good one @OP but the right word in that clause should be 'resort' and not 'result' Another important ingredient in an agreement is to check against wrong use of language or words which may create ambiguity and difficulties for the arbitrator! |
| Re: Never Sign A Deal Without This Clause by Nobody: 6:04pm On Oct 10, 2017 |
RoyalBoutique:E be lyk say na Glo u dey use |
| Re: Never Sign A Deal Without This Clause by donnish69: 6:11pm On Oct 10, 2017 |
Like betting? contact 09036640231 and pay after winning |
| Re: Never Sign A Deal Without This Clause by arrestdarrester: 6:12pm On Oct 10, 2017 |
Na 3 gbosa I gif you for dis one. You haf try |
| Re: Never Sign A Deal Without This Clause by Kokaine(m): 6:24pm On Oct 10, 2017 |
Badtman:why you no snap the timbs |
| Re: Never Sign A Deal Without This Clause by Macgreat(m): 6:27pm On Oct 10, 2017 |
Great info Now see signature for wall papers
|
| Re: Never Sign A Deal Without This Clause by naturefellow(m): 6:45pm On Oct 10, 2017 |
Benjom:I could have damaged my screen because if this funny signature of yours!!! 1 Like |
| Re: Never Sign A Deal Without This Clause by AreaFada2: 6:57pm On Oct 10, 2017 |
ok |
| Re: Never Sign A Deal Without This Clause by Chigorkizz(m): 7:12pm On Oct 10, 2017 |
Very Useful. |
| Re: Never Sign A Deal Without This Clause by Badtman(m): 7:15pm On Oct 10, 2017 |
emmadejust: Boss chat me up on Whatsapp 090992674 |
| Re: Never Sign A Deal Without This Clause by Badtman(m): 7:16pm On Oct 10, 2017 |
Kokaine:Hook me on Whatsapp Bro |
| Re: Never Sign A Deal Without This Clause by LexngtonSteele: 7:36pm On Oct 10, 2017 |
kn23h:Igbos...  |
| Re: Never Sign A Deal Without This Clause by WetinConsignMe: 7:56pm On Oct 10, 2017 |
If u suffered an injury from a big company the court can award u millions in punituve damages and pain and suffering while an arbitrator will not. nairametrics what do u say about that? |
| Re: Never Sign A Deal Without This Clause by Noblewhiz(m): 8:00pm On Oct 10, 2017 |
RoyalBoutique:As if there is a reward!! |
| Re: Never Sign A Deal Without This Clause by Googleus(m): 9:15pm On Oct 10, 2017 |
Thanks for the information |
| Re: Never Sign A Deal Without This Clause by RoyalBoutique(m): 10:50pm On Oct 10, 2017 |
fabulousfortune: Omo na Airtel o... I came before all those people above me, check the time |
| Re: Never Sign A Deal Without This Clause by Nobody: 11:08pm On Oct 10, 2017 |
 ... okay. |
| Re: Never Sign A Deal Without This Clause by younglawya(m): 5:32am On Oct 11, 2017 |
The clause is not widely applicable. Parties may not be in Lagos. Also parties may not agree on a single mediator or arbitrator. That being said alternative dispute resolution is always a better alternative than litigation. Take this from a lawyer with almost 10 years commercial legal experience. I can be reached in 07037836881 for any questions |
| Re: Never Sign A Deal Without This Clause by ehinmowo: 7:03am On Oct 11, 2017 |
| Re: Never Sign A Deal Without This Clause by unuane1(m): 1:38pm On Oct 11, 2017 |
Nice and insightful |
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