The Trusted Advisors LP

We have been recognised in the 2026 Legal 500 EMEA Rankings. Our Conflict Management and Dispute Resolution Practice was recognised in the rankings, receiving accolades for Lawyer and team quality as well as Billing and Efficiency. #legal500 #legalrankings #TTALP

Enforcement rarely begins immediately upon default. Lenders must comply with pre-enforcement requirements such as notices and contractual steps. Loan default is a commercial reality, but recovery depends on strict compliance and proper enforcement strategy. #DebtRecovery

Foreclosure is a drastic remedy involving a court order extinguishing the borrower’s right of redemption and vesting full ownership in the lender. The process occurs in stages, starting with order nisi, then order absolute if default persists. #Foreclosure #PropertyLaw

In emerging economies such as Nigeria, macroeconomic volatility, foreign exchange pressures, and business risks often affect borrowers’ repayment capacity. Loan defaults are an inevitable feature of credit markets. The key issue is enforcement of rights when it occurs. #Nigeria

The opportunity is clear. With the right implementation, Nigeria can become a strong hub for international arbitration in Africa. Stronger institutions, better judicial support, and more expertise will make the system more reliable for global businesses. #AfricaBusiness

But there are still challenges. Enforcement delays. Limited institutional capacity. Perception that arbitration is expensive. Gaps in technical expertise in complex sectors. All of these can affect how effective arbitration is in practice. #LegalChallenges #DisputeResolution

Arbitration is becoming the go-to option for resolving commercial disputes in Nigeria. For international businesses, it offers something courts often struggle with. Speed, neutrality, and flexibility. But before you rely on it, there are key things you need to know. 🧵 re

Arbitral awards get better treatment. They are seen as final and binding, and courts generally support enforcement under the Arbitration and Mediation Act 2023 and the New York Convention. But delay tactics and endless appeals still slow things down. #ADR #Fintech #Global

On paper, the system works. In practice, it is slower. Delays in getting certified true copies. High enforcement costs. Debtors refusing to comply. Banks frustrating garnishee proceedings. All of these can stall enforcement for months. #LegalChallenges #Enforcement

Foreign judgments and arbitral awards can be enforced in Nigeria. But not automatically. Before anything happens, they must be recognised and enforced by a Nigerian court. Miss a step or timeline, and the entire process can fall apart. 🧵 #Arbitration #DisputeResolution

Of course, mediation does not always end a dispute. If parties cannot reach an agreement, they may still proceed to arbitration or litigation. But when it works, mediation provides an efficient and practical path to resolving commercial disputes. #Law #CorporateLaw

Mediation is also faster and often more cost effective than litigation. Disputes can be resolved without the delays and high expenses associated with formal court proceedings, while discussions remain private and confidential. #ADR #LegalStrategy

Commercial disputes are inevitable in business but going straight to court is not always the best option. Mediation is increasingly becoming a preferred way to resolve commercial disputes because it is flexible and focused on reaching a mutually acceptable resolution. #ADR