Court Directs CBN, NIBSS to Explore Settlement in N98.5bn Patent Suit
A court has directed the Central Bank of Nigeria (CBN), Nigeria Inter-Bank Settlement System (NIBSS), and others to explore an out-of-court settlement in a N98.5 billion patent infringement suit. The move aims to resolve the dispute without further litigation.
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Court urges settlement in N98.5bn patent suit against CBN, NIBSS
The judge also reminded the lawyers of the provisions of the Federal High Court Act encouraging courts to facilitate amicable settlement of disputes and urged the parties to explore that option in good faith. The post Court urges settlement in N98.5bn patent suit against CBN, NIBSS appeared first on Premium Times Nigeria.
By Emmanuel Agbo
Read full article →N98.5bn patent suit: Court directs CBN, NIBSS, others to explore settlement
By Innocent Anaba LAGOS —A Federal High Court sitting in Lagos has encouraged parties in a high-stakes N98.5 billion patent infringement suit involving Enterprise Logistics Speciale Limited, the Central Bank of Nigeria, CBN, Nigeria Inter-Bank Settlement System Plc, NIBSS, and Avanage Nigeria Limited to explore an amicable settlement before proceeding with trial. The trial judge, […] The post N98.5bn patent suit: Court directs CBN, NIBSS, others to explore settlement appeared first on Vanguar...
By Nwafor
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