Anton Piller Orders – A Powerful Tool to Protect your Intellectual Property
When an employee or vendor steals your intellectual property or another company monetises your trademarks, patent or intellectual property rights, without your consent, one of the legal strategies that can be used to checkmate such illegal activity is to get...
Is Web Scraping Illegal in Nigeria?
This legal update highlights some key legal issues for web scraping companies in Nigeria, based on a recent client engagement.
Do you need to file a Defensive Trademark? What are the Rules for Filing Defensive Trademarks in Nigeria
One of the more consistent intellectual property management strategies that global brands deploy to prevent a dilution of their trademarks and to increase the value of their trademarks is to file a Defensive Trademark. If you are thinking about preventing...
Avoiding Permanent Establishment Risk – Nigeria’s New Dependent Agents Rule
Presidential Order 5 has thrown up an array of contracting structures between local promoters and foreign OEMs and partners looking to bid for government contracts. These contractual arrangements are increasingly subject of litigation both from a taxation point of view...
Conducting Layoffs in Tech Start-ups: What are the Rules for Nigerian Layoffs?
Layoffs are always going to be a tough decision for management but may also become necessary for the survival of an employer’s business. Depending on the factors giving rise to a management decision to conduct a layoff exercise..
409A Valuation: What is it? Why is it necessary and When would you need one?
As a tech founder, there are generally two types of company valuations that you would be involved with during the life of your startup. The first and the more common one is the venture investment valuation.
What is a Permanent Establishment? Do you Have One?
If a foreign business has a Nigeria permanent establishment (PE) then the profits of the business that are attributable to that PE, either directly or indirectly, are chargeable to Nigeria tax.
New Digital Money Lender Regulations in Nigeria: Some Legal Issues
Nigeria’s consumer protection regulator, the FCCPC, recently published a Limited Interim Regulatory/Registration Framework for Digital Lending (“Regulation”)[1] with the intent to regulate digital lenders in Nigeria.
What is a Down Round Financing? How Will a Down Round Financing Impact VCs & Founders?
What is a down round financing and how will it affect you? Tech start-ups and VCs often work with the assumption that the price of the shares sold in a later financing round will be higher than the price of...
Our Fundraising Round is Taking Longer Than Usual. What Options Do We Have?
If you are fundraising and your fundraising round is taking longer than usual, you may be heading towards a down round. In this update, we conclude that, whats key is for founders is to (a) think outside the box and...