Court refers suit on Fawehinmi’s estate to Arbitration Panel
A Federal High Court sitting in Lagos on Monday referred a suit filed by Mohammed Fawehinmi against First Trustees Nigeria Ltd to an Arbitration Panel for resolution.
Mohammed had in 2010 filed the suit alleging that First Trustees refused to recognise him as the executive chairman of his late father’s company, the Nigerian Law Publications Ltd.
First Trustees was appointed by the Late Chief Gani Fawehinmi as the executor and trustee of his estate when he was alive.
Mohammed also challenged the defendant’s decision to freeze three accounts of his late father’s companies without appropriate notification.
The companies are the NLPL, Book Industries Nigeria Ltd and the Gani Fawehinmi Chambers.
But First Trustees had, through its lawyer, Adebowale Kamoru, urged the court to stay further proceedings in the matter because Mohammed’s major grouse had been adequately taken care of by the ‘Will’ left by father.
In his ruling, Justice James Tsoho held that the matter should be referred to an Arbitration Panel for resolution.
He said that the provision of Clause 44 (d) of the ‘Will’ was key to the resolution of the dispute.
Tsoho further held that the deceased entrusted all his shares in the NLPL to First Trustees in paragraph 21 (E) of the Clause.
He ordered the parties involved in the case to report back to the court the conclusion of the Arbitration.
A Federal High Court sitting in Lagos on Monday referred a suit filed by Mohammed Fawehinmi against First Trustees Nigeria Ltd to an Arbitration Panel for resolution.
Mohammed had in 2010 filed the suit alleging that First Trustees refused to recognise him as the executive chairman of his late father’s company, the Nigerian Law Publications Ltd.
First Trustees was appointed by the Late Chief Gani Fawehinmi as the executor and trustee of his estate when he was alive.
Mohammed also challenged the defendant’s decision to freeze three accounts of his late father’s companies without appropriate notification.
The companies are the NLPL, Book Industries Nigeria Ltd and the Gani Fawehinmi Chambers.
But First Trustees had, through its lawyer, Adebowale Kamoru, urged the court to stay further proceedings in the matter because Mohammed’s major grouse had been adequately taken care of by the ‘Will’ left by father.
In his ruling, Justice James Tsoho held that the matter should be referred to an Arbitration Panel for resolution.
He said that the provision of Clause 44 (d) of the ‘Will’ was key to the resolution of the dispute.
Tsoho further held that the deceased entrusted all his shares in the NLPL to First Trustees in paragraph 21 (E) of the Clause.
He ordered the parties involved in the case to report back to the court the conclusion of the Arbitration.
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