The single session, was chaired by Chukwuka Ikwuazom SAN. He brilliantly marshaled out new areas in arbitration.
Like the Chairman YLF Onitsha Bar, E. C. Okoro, Esq and his team opined, the Learned Silk concurred that litigation is not often the best option when dispute arises, particularly between corporate entities.
Litigation is time consuming and by the time the matter would have ran the whole hog to Supreme Court, the rex would have depreciated if not damaged beyond repairs.
Millions of Dollars are made per minute and any delay in speedy resolution of conflict, will cause the “litigants” damages that, even if resolved in their favor, the market value of Naira, would have fallen under the daily rising inflation rate.
