Fortbanc Solicitors’s corporate finance & commercial practice unit acts for a large number of Banks in Nigeria, International institutions with local subsidiaries and others involved in all aspects of commercial practice.
We are particularly vast in the handling of commercial negotiations, sale and purchase of  existing business concerns. This group is also charged with handling matters involving bankruptcy and bankruptcy prevention planning, reorganization, takeovers, mergers and restructuring issues. In this regard we have handled a lot of matters involving these issues, which arose from the crash in the Nigerian Banking sector between 2003 - 2005 and the Banks that were liquidated following their inability to recapitalise to meet the N25 Billion requirement set by the Central Bank of Nigeria (CBN).
The firm has represented several clients majorly involved in domestic and cross-border Bankruptcies and Workouts which includes Financial Institutions and Secured Creditors, Committees of Creditors and Equity Security Holders, Bondholders and Court-Appointed Examiners and Trustees, Representatives of Foreign Debtors, Company Officers and Directors, Purchasers of Distressed Assets and Claims, Lessors, Unsecured Creditors, Debtor-in-Possession and Companies contemplating bankruptcy.
At Fortbanc Solicitors, we are proud to state that our vast experience in multi-faceted transactions involving but not limited to the above issues, is anchored by a partner with critical experience in all aspects of Banking and Finance and is charged with achieving consistent results in this area.
