Asset Tracing & Debt Recovery Services
We excel in Asset Tracing and Debt Recovery, delivering unparalleled expertise to banks, government agencies, and individuals. Our dedicated
team of astute lawyers is renowned for their capability to handle high-profile
asset tracing and debt recovery cases across various jurisdictions,
effectively enforcing claims against corporate bodies and individuals.
Our Asset Tracing and Debt Recovery practice is distinguished by:
- Comprehensive Asset Tracing: Employing sophisticated methods to locate and identify assets across different jurisdictions, ensuring that we uncover hidden or dispersed assets for effective recovery.
- Effective Debt Recovery: Implementing strategic approaches to recover outstanding debts, working meticulously to secure settlements and enforce claims.
With a proven track record of tracing assets with a combined worth of over100 billion Naira, we have achieved significant results in the following key
matters:
- Banking Sector Project: Currently engaged in a major asset tracing project with an ICT company, focusing on tracing assets of over 150 obligors. This ongoing project involves extensive analysis, employing robust investigative techniques to locate and verify assets, leveraging our expertise in complex tracing methodologies to facilitate effective asset recovery.
- Government Agency Engagement: Conducted thorough asset tracing and due diligence for a government agency concerning a manufacturing company with total indebtedness of 23 billion Naira, both within Nigeria and internationally. This involved comprehensive investigations and coordination across multiple jurisdiction
- Obligor Asset Tracing: Successfully traced assets valued at over 6 billion Naira belonging to an obligor, utilising advanced tracing techniques and investigative expertise to secure asset recovery.
- Regulatory Asset Recovery: Uncovered assets worth 4.4 billion Naira belonging to a debtor company on behalf of a Nigerian regulatory authority. This case required detailed analysis and enforcement actions to reclaim the assets.
- Oil and Gas Sector Due Diligence: Provided in-depth due diligence and asset tracing for a government agency regarding debts owed by two sister oil and gas companies, amounting to 2.7 billion Naira. Our efforts ensured that all relevant assets were identified and assessed for recovery.