Introduction Many professionals perform commercial assignments or mandates for their clients in exchange for professional fees. It is advisable for such professionals to sign mandate letters or forms with their

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Introduction The Finance (No.2) Act of 2024 (“Finance Act”) which was enacted after presentation of the 2025 national budget at the end of 2024 by the Minister of Finance Professional

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Introduction Liquidation is the process of winding up a company. This is done through the disposal of a company’s assets and use the proceeds to pay off its creditors. If

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Introduction An agreement of sale is an important document used almost daily in transactions. Things sold vary widely from immovable properties, movable properties and even intangibles. In this article I

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Introduction I have written numerous articles on insolvency practice covering both corporate rescue and liquidation. In this article I deal with the legal consequences or offence of insolvent trading of

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Closing Notice and Agreement When Purchasing Businesses

Introduction  Mergers and acquisitions or acquisitions or disposals of businesses, particularly companies, are common as investors look for the dollar. In this article I share with you some documents used

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Businesses’ Financial Distress or Insolvency 

Introduction  This article is in addition to the many that I have written before on insolvency. In this article I look at the factors that may lead to financial distress

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Advantages Of Voluntary Corporate Rescue Proceedings 

Introduction  I have previously written several articles on insolvency practice covering both corporate rescue and liquidation. In this article I look at the advantages of voluntary corporate rescue proceedings versus

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Corporate Rescue of Other Entities or Debtors 

Introduction  In this article I look at corporate rescue by debtors or entities that are not companies. Many people are familiar with corporate rescue proceedings with respect to distressed companies. 

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Financial Considerations When Selling Properties 

Introduction  Selling of properties by property holders occurs regularly as evidenced by activity in the real estate sector. There are important financial considerations to look at when making the decision

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