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Restructuring & Insolvency Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries
PUNUKA Attorneys & Solicitors
Many jurisdictions have enacted statutes which sanction netting and set-off in relation to financial markets.
PUNUKA Attorneys & Solicitors
This article involves a critical review and analysis of this new regulatory framework for the Insolvency profession and practice.
PwC Nigeria
Nigeria's President Muhammadu Buhari has signed the Companies and Allied Matters Act, 2020.
Tunde & Adisa
Secured creditors have greater options than unsecured borrowers in insolvency.
PUNUKA Attorneys & Solicitors
Various reforms have been ongoing in the financial and commercial landscape for doing business in Nigeria, which impacts on insolvency and restructuring practice in Nigeria.
AAA Chambers
To maintain and grow a functional economy, investors often require loans which are made available by commercial banks and other financial institutions using its depositors' funds upon security furnished for the repayment of such loans by the borrowing investors.
S.P.A. Ajibade & Co.
RECOMMENDATIONS FOR ADDRESSING IDENTIFIED ISSUE(S) IN INSOLVENCY OF AN OIL AND GAS ASSET HOLDER IN THE NIGERIAN PETROLEUM INDUSTRY
S.P.A. Ajibade & Co.
In this part of the paper, the focus is on a comparative review of the laws and practice of other petroleum producing jurisdictions similar to Nigeria in terms of ownership structure, resources sharing methods, ...
S.P.A. Ajibade & Co.
Where an interest holder becomes insolvent, the Minister of Petroleum Resources generally does not have the power to terminate the licence or lease except where the insolvency has led to a breach of any of the terms ...
S.P.A. Ajibade & Co.
It is well known that transactions and projects in the oil and gas industry are capital intensive. Thus, stakeholders usually pool resources together to execute projects in the industry.
S.P.A. Ajibade & Co.
The 2 recent cases which highlight the issues arising in the transfer, assignment and acquisition of interests in oil and gas assets in Nigeria induced by insolvency are the cases of Afren...
PUNUKA Attorneys & Solicitors
The insolvency procedures recognised by the Act are, in that sense, either collective or non-collective and undertaken by Insolvency Practitioners.
AELEX
Business rescue is a noble concept, which seeks to balance out the interests of both the creditors and the debtor in line with international best practices.
Olisa Agbakoba Legal
At the recently concluded Business Recovery and Insolvency Practioners Association of Nigeria (BRIPAN) International Conference themed, "Driving Business Rescue in the Shadow of the Law", ...
Deloitte Nigeria
The World Bank Group (World Bank) on Wednesday, 31 October 2018, published it's 2019 Doing Business Report (the Report).
AELEX
The Federal High Court Lagos, delivered a ruling in Suit No.: FHC/L/CP/540/2012 RRSAT Global Communications Networks Limited v Daar Communications Plc, affirming its jurisdiction to hear a petition for the winding up ...
Lex Artifex, LLP
If overdue debts are standing against your name and you are unable to settle, chances are that your Creditor may resort to self-help as a counter measure to get you to pay-up
Lex Artifex, LLP
Overdue debts may arise for non-liquidation of loan advances within the agreed time or for failure to settle unpaid accounts for goods and services supplied, etc.
Perchstone & Graeys
The concept of bankruptcy should ordinarily carry a social stigma denying the bankrupt of credit, disqualifying him from holding certain elective and other public offices...
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