Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

Start by selecting your Topic of interest below. Then choose your Regions and finally refine the exact Subjects you are seeking clarity on to view detailed analysis provided by our carefully selected internationally recognised experts.

4. Results: Answers
International Arbitration
Is third-party funding permitted for arbitrations seated in your jurisdiction?

Answer ... Third-party funding is not prohibited in Nigeria. No laws in Nigeria expressly prohibit third-party funding. The common law crimes and torts of champerty and maintenance, which may prevent third-party funding in some common law jurisdictions, are not part of Nigerian law and therefore cannot operate to prevent third-party funding.

For more information about this answer please contact: Babajide Ogundipe from Sofunde Osakwe Ogundipe & Belgore
International Arbitration