Finance and Insolvency Practice

We act for businesses, banks (commercial, merchant, and microfinance), insurance companies, discount houses, finance houses, and borrowers. We are experienced in advising on a wide range of financial transactions, not limited to Single and Syndicated Loans, Project Finance, Property Financing, Assets Financing, Lease Finance, Debt Recovery, and Debt Restructuring, as well as other affiliated services.

Finance and Insolvency practice has seen us extend our services to other specialized sectors such as Aviation, Oil & Gas and Telecommunications. We have advised on Aircraft and Helicopter financing, Sale and Purchase deals, Recovery, Compensation matters, and civil obligations arising from aviation processes.

We are active in all aspects of company voluntary arrangements as well as in the field of Insolvency Procedures, Receivership and Administrations, as well as Compulsory and Voluntary Liquidations.

The firm is a registered member of Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) as well as INSOL International.

Portfolio

Our Finance Unit has worked widely and extensively with all the major commercial banks in Nigeria. We are one of the retained solicitors for First Bank (First Funds Unit) in conducting several of its corporate due diligence and legal advisory functions for its many SME Joint Ventures.

Also, our Insolvency Unit has always been very active and at the forefront of our practice. We have been involved in the insolvency arrangement (via liquidation, receivership, or winding up) of several public quoted companies, as well as private companies. Our clientele consists of:

  • NITEL
  • Aboseldehyde Nigeria Plc
  • African Paints Plc
  • Ferdinand Oil Mills Plc
  • Nigeria Wire & Cable Plc
  • Ile-Oluji Cocoa Products Limited
  • JayKay Foods Limited
  • Star Oil Field Services Limited
  • Delta Manufacturing Company Limited

Furthermore, the firm’s debt recovery and rescheduling unit have also achieved commendable success. We have been engaged by major parastatals, companies, and individuals in this regard.

  • AMCON
  • Ecobank Plc
  • Halogen Security Limited
  • Law Union & Rock Plc