Late or non-voluntary payment can endanger the survival of any business or individual. McCarthy Mbadugha & Co. has been a preeminent creditors’ rights law firm providing cost effective high quality debts recovery both on a paralegal and legal bases. We adopt a commercial and legal approach to debt recovery. We tailor our services to our client’s requirements. We represent Government bodies, multinationals, limited liability companies and individuals.

We practice in the following areas:

• Insolvency and liquidation

• Loans, mortgages and project financing

• Judgment debts

• Award debts

• Debts arising from contracts

• Asset Tracing/Recovery

• Proprietary disputes – ownership of businesses and shares

We trace hidden assets through search orders and freezing injunctions. We enforce judgments and awards through registration, attachments, charging orders, forced sales and garnishee.

SELECTED PRACTICAL EXPERIENCE - LITGATION

JUDGMENTS, DEBTS & LIQUIDATION

• Fiogret Ltd v. Fortune International Bank Plc (2008) FHC/L/CS/ 226/2008

• Guangzhou Sunda International Trading Co. Ltd v. Okoye Bro. Ent. Nig. Ltd (2007) LD/1562

• Gales Maritime Inc. (of Panama) v. Fiogret Ltd (2007) LD/805

• Sterling Bank Ltd v. Okoye Brothers Ent. (Nig.) Ltd. (2006) CA/L/311

• Oceanic International Bank Plc v. Dimbas Investment Ltd. (2005) LD/1707

• Equity Bank Ltd v. W. B. A. Ltd. (2002) FHC/L/CS/91

PROPRIETARY DISPUTES

FIOGRET LTD –v- INTERCONTINENTAL BANK PLC (2008) FHC/L/CS/294 – dispute over selling of shares/insurance

IDEAL TRUST MICRO FINANCE BANK LTD. –v- CHIEF OSELOKA OSUIGWE (2008) HN/27

FASIL RAKWON INDUSTRIES LTD & Ors –v- CHIEF BASIL UDECHUKWU & ANOR (2005) FHC/UM/CS/135 (DISPUTE OVER OWNERSHIP OF COMPANY/BUSINESS)

PRUDENTIAL SECURITIES LTD –v- E. D. DIM (2004) FHC/L/CS/245 (DISPUTE OVER OWNERSHIP OF SHARES)