Pundit-Advocates has carved a niche for itself in insolvency practice having acted in a team of counsel to secured and unsecured creditors, debtor companies, liquidators, receivers and managers in a number of insolvencies supervised by the Nigerian higher courts.
In this regard, the firm appreciates the need for the liquidation of corporate debts; as such funds are usually required for the sustenance of the company. At Pundit Advocates, we have experienced that the use of bankruptcy proceedings is a viable tool for debt recovery, especially against persons seeking to hide behind the corporate veil. The Firm has a direct pool of experts in insolvency practice and regularly advises on matters concerning:
The rights of creditors
Asset Tracing and tracking of runaway debtors
The best solutions for recovery of creditors' debts in insolvency matters; and Acting as liquidators and receivers
Representing both the Creditors and minority shareholders who are usually adversely prejudiced in liquidation
Contentious and Non-Contentious Liquidations