Garnishment or garnishee proceedings is a mode of debt recovery or enforcement of judgment debt. The procedure involves wage garnishment or attachment of funds in custody of a third party, referred to as a garnishee. Depending on your jurisdiction (Nigeria, US, and UK), the debt may include spousal or child support, credit card debt, studentContinue reading “LENDING MORE INK TO THE CBN V. INTERSTELLA CONTROVERSY: A PRACTICAL RESOLUTION”
Category Archives: banking
Central Bank of Nigeria v. Barbedos Ventures Ltd & Ors. : AG’s Consent Put to Rest ?
(2023) LPELR-61120(CA) Another win for the Supreme Court decision in CBN v. Interstella (2017) LPELR 43940 (SC) and the proponents of the abolition of the requirement of the Attorney General’s (AG’s) Consent in section 84 of the Sheriffs and Civil Processes Act (SCPA). The learned Justices in CBN v. Barbedos (2023), (coram Williams-Dawodu, Tukur, andContinue reading “Central Bank of Nigeria v. Barbedos Ventures Ltd & Ors. : AG’s Consent Put to Rest ?”
Chronicles of an In House Counsel
In my previous life, as an in house counsel, I often had to sensitize my colleagues about new bank policies and also make presentations at prep – classes for promotion examination(s). I found these two presentations in my archives. One is on the Bilateral Currency Swap agreement between the Central Bank of Nigeria (CBN) andContinue reading “Chronicles of an In House Counsel”
Garnishment Law and Practice in Nigeria, UK and U.S.
Paperback and Hardcover now also available on Amazon Follow link below for your copy: Garnishment Law and Practice in Nigeria, UK and U.S.: Wodi, Alex: 9798987288306: Amazon.com: Books
The Cement Armada Cases
The Nigerian cement armada saga was a whirlpool of events that culminated in cases instituted by contractors engaged to supply large quantities of cement by the Nigerian Ministry of Defense following the CBN’s unwillingness to honour letters of credit opened to cover payments for the supplies in ships which waited months unend at the LagosContinue reading “The Cement Armada Cases”
Garnishment: A Comparative Analysis of the Law and Practice in Nigeria, UK and US
New book loading Statement fom the Author (our Managing Partner): – Presently putting finishing touches to my long awaited book on Garnishment and attachment proceedings in the US, UK and Nigeria. Stay tuned to this page. It promises to be an interesting and informative read when released. The book traces the history of garnishee proceedingsContinue reading “Garnishment: A Comparative Analysis of the Law and Practice in Nigeria, UK and US”
Jurisdiction in Garnishee Proceedings: The position in Nigeria
This paper seeks to address the position of the law in respect of determining jurisdiction in garnishee proceedings involving the Federal Government or its agencies and the Garnishee banker. Use link above to download and read paper.
Garnishee Proceedings – Law and Practice in Nigeria, UK and US
This paper was written as an overview of the law and practice of garnishee Proceedings in Nigeria, UK and the US. If you have any questions or further inquiries or comments please contact me via this platform or my contacts. Happy reading. https://www.academia.edu/43420959/Garnishee_Proceedings_A_Critical_Analysis_of_the_Practice_and_Procedure_in_Nigeria Use the above links to download and read.
– NDIC to Adopt Risk-based Approach in Determining Banks’ PremiumTHISDAYLIVE
NDIC adopts pragmatic approach. Kudos to the new Management and Legal team. https://www.thisdaylive.com/index.php/2021/11/29/ndic-to-adopt-risk-based-approach-in-determining-banks-premium/