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Breaking News | Breaking News UK court bars Thisday, Arise TV chairman, Obaigbena from serving as director of any company for 7 year


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Nduka Obaigbena, the founding Chairman and Editor-in-Chief of THISDAY newspaper, ARISE News Channel and ARISE Magazine, has been disqualified from serving as a director of a company in the United Kingdom for seven years.
The application for disqualification was made by Anthony Annon, an Official Receiver at the Business and Properties Court of England and Wales, under Section 6 of the Company Directors Disqualification Act 1986 and arose from the compulsory liquidation of Arise Networks Ltd of which Obaigbena was the sole director since its incorporation on October 30, 2012.
Following a couple of successful businesses in Nigeria, Obaigbena extended his Arise TV network to the UK, concentrating on African News and events. Going forward, the UK company had zero turnover and depended wholly on funds provided by associated businesses in Nigeria. ....

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Family Law Week: IU anonymised [2020] EWFC 98


IU v OS [2020] EWFC 98
This case concerned an application for a financial remedy brought by IU, a wife (‘W’), against OS, her husband (‘H’).
 
Cohen J s judgment is long (48 pages, 288 paragraphs). This is unsurprising in circumstances where the litigation lasted over 3 years, where the court heard from 12 witnesses (including H and W), where hand-writing experts where asked to assess various documents produced by H (and his team) which themselves required translation and where orders had to be obtained on behalf of W for documentation to be produced by H s solicitors (producing previously withheld and relevant evidence). W s costs (including interest) were c. £2.5-£2.6m. ....

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