Our Services
COMPANY AND CORPORATE AFFAIRS.
The firm covers all aspects of company law and corporate affairs briefs, and work is undertaken for companies, corporate bodies, government agencies and their parastatals, Non Governmental organizations, individuals, and financial institutions, amongst others, in their transactions, negotiations, ventures, and other aspects of corporate and legal activities.
The firm acts as a company secretary to various companies; duties extend to filling of documents and returning them to the Corporate Affairs Commission registry, attendance at companies’ meetings, and generally ensuring compliance with the Company and Allied Matters Act and other legislation regulating to corporate and commercial activities in Nigeria.
The firm is also engaged in the incorporation of companies for Nigerians and foreign investors, offering diverse legal services like obtaining business permits, expatriate quotas, etc., and rendering advice on areas of law relating thereto.
COMMERCIAL LAW, INSURANCE, BANKING, AND TAXATION
An initial concern of most international companies and foreign individuals seeking to establish businesses in Nigeria is the need for up-to-date advice and information on Nigeria’s foreign exchange and investment laws.
Destiny & Lawlords Solicitors frequently provides foreign investors with information, advice, and assistance on the establishment of companies.
We also offer advice on the tax implications of doing business in Nigeria, taxation issues relating to residence or domicile, value-added tax, and all other aspects of corporate and personal taxation in Nigeria.
We undertake briefs covering all aspects of trade disputes arising out of transactions that involve sales of goods, consumer and documentary credits, and commercial contracts.
We prepare and perfect purpose-structured security and financial documentation, including individual and syndicated loan agreements, mortgages, debentures, and other forms of security in real property and chattels, guarantees and indemnities, trade and equipment financing and leasing, and project refinancing agreements.
DEBT RECOVERY
In view of fast-changing trends in the global economic activities of our numerous clients, we have put into place standby machinery that ensures that our clients’ debtors reduce their indebtedness to the minimum level and/or eliminate it completely.
We have a dedicated associate that ensures effective follow-up of all our clients’ debtors. Our style of debt recovery includes gathering all useful information about the financial viability and assets of our clients’ debtors and using an effective monitoring system. We do these within the confines of the Nigerian laws and without any exposure whatsoever to our clients.
From the initial stage, we assess the capacity/capability of these debtors and adopt the best, cost-effective, and prompt strategy in the recovery of the debt. Whilst we carry out our activities in this regard, we ensure that the client is adequately and promptly briefed about every step taken through our online reporting system.
Where we have a huge debt profile to recover, we usually divide the areas of operations of the debtors into zones, with associates monitoring and overseeing the affairs of debtors in each zone for effectual results.
Where it becomes extremely necessary, we enlist the support of the law enforcement agents in the quick recovery of these debts. However, in some other extreme cases, litigation may be the last resort.
BAD LOAN AND EXPOSURE RESTORATION.
We are actively involved in the recovery of bad, doubtful, non-performing loans and other classifications in this regard.
Having been in existence for over 15 years (fifteen years) and made successful recovery efforts for a number of banks, financial institutions, and multinational companies, we are poised to assist your organization in recovering most of its debts, if not all its non-performing, bad, and irrecoverable debts.
Our crack teams of experts are ready to deliver with their team at very short notice with the wizardry of their experience and expertise in loan recovery.
PROPERTY LAW AND REAL ESTATE.
We undertake work on all aspects of real property law services that include conducting inquiries at the Land Registry and preparation and perfection of interests and rights over land and obtaining necessary consents and approvals incidental to land transactions in Nigeria. Our associates work closely with other professionals on property and real estate business on mortgages, acquisition, development, occupation, sale, and leasing of projects.
The firm is involved in the administration of estates for clients, conducting compensation claims, and is experienced in community/company/individual dispute settlement in terms of alternative dispute resolution.
INDUSTRIAL AND INTELLECTUAL PROPERTY.
This is an area of law that is rapidly developing in Nigeria; associates have undertaken briefs to ensure adequate protection of clients’ ideas, concepts, know-how, and other industrial processes. Trade names, marks, patents, and industrial designs are registered for clients. The firm is also involved in a copyright project in Nigeria.