Raising Fresh Cause of Action: One Limit of A Counter-Claim
Litigation is often considered the last resort in the conflict resolution process. The litigation mechanism is commenced by the aggrieved party - the Plaintiff - taking out a writ against the other party in Court. Where a matter is contentious, the Rules of Court requires the Plaintiff to commence the suit by way of a Writ of Summons which should be filed along with a Statement of Claim and served on the other party (the Defendant). When served, a Defendant amongst other things is requi...
Fintech Credit Market - Crowdfunding: An Evaluation of Market Models
One of the incidences of the emergence and growth of the internet and the vast availability of computing devices across countries of the world today is the increase in innovation. New ways of doing things are now on the rise in all spheres of human endeavours, including financing. In time past, banks used to be the exclusive formal avenues through which individuals and businesses source for funds, but with the growth of the internet coupled with the somewhat loss of tastes/dislike for t...