Dispute Resolution, Probate and Family Law

Debt Recovery

The firm is also engaged in debt recovery by local banks, non-bank financial institutions, foreign financial institutions and the Asset Management Corporation of Nigeria (AMCON) and adopts the most practical and timeous means of recovering debts. Litigation is regarded as a last option. The Firm has been involved in several high-profile loan recoveries and work-outs including the recent work-out of an exposure of over N19billion to a financial institution via an asset swap. The Debt Recovery as well as the Insolvency Practice of the Firm are led by the Managing Partner, Anthony Nwaochei who is a Fellow of the Business Recovery & Insolvency Practitioners Association of Nigeria (BRIPAN) a member body of INSOL. The Firm is currently involved in extensive debt recovery work for several financial institutions involving the aggregate sum of about N32billion Naira. As a corollary to our debt recovery services, our lawyers are regularly appointed as receivers and receiver/managers over the assets of debtor companies by financial institutions for the recovery of debts owed the financial institutions.