Debt and Asset Recovery requires swift, strategic, and legally sound interventions — especially in high-stakes commercial environments. At Smith & Partners LP, we assist corporate institutions, financial service providers, government agencies, and private individuals in recovering outstanding debts and tracing hidden or misappropriated assets, both locally and internationally.
Our lawyers have extensive experience in deploying a range of recovery tools, including negotiation, demand letters, litigation, garnishee proceedings, receivership appointments, and asset tracing. We also advise on enforcement of judgments and arbitral awards, insolvency proceedings, and recovery-related regulatory compliance.
We are currently advising a multinational company in the oil and gas sector on the recovery of equipment and outstanding receivables from a defaulting contractor — initiating arbitration and coordinating with enforcement agencies to preserve movable and immovable assets pending final judgment.
Our expertise also extends to cross-border recovery. We advised a fintech firm on recovering cryptocurrency assets fraudulently transferred to a foreign exchange wallet — working with digital forensics experts and liaising with international exchanges and regulators to freeze and retrieve the assets.
Our team regularly handles post-judgment recovery actions and is well-versed in the use of insolvency tools such as winding-up petitions and bankruptcy proceedings to recover debts. We also advise clients on preventative strategies, including secured lending, collateral structuring, and due diligence frameworks.
At Smith & Partners LP, we combine aggressive legal strategy with commercial sensibility. Whether you are dealing with unresponsive debtors, fraudulent transfers, or judgment enforcement, we deliver recovery results that protect your interests and strengthen your financial position.
Key Matters & Experience
₦1.2 Billion NPL Recovery
Part of the legal team representing a major commercial bank in recovering over ₦1.2 billion in non-performing loans from a high-net-worth debtor, involving asset tracing, court-ordered injunctions, and enforcement of a deed of guarantee.
Oil & Gas Receivables Recovery
Advising a multinational oil and gas company on recovering equipment and outstanding receivables from a defaulting contractor — initiating arbitration and coordinating with enforcement agencies to preserve assets pending judgment.
Fraudulent Real Estate Recovery
Assisting a real estate investment company in recovering high-value landed assets fraudulently transferred to third parties — land registry investigations, caveats, and litigation to reverse transactions and restore ownership.
Cross-Border Crypto Asset Recovery
Advised a fintech firm on recovering cryptocurrency assets fraudulently transferred to a foreign wallet — working with digital forensics experts and liaising with international exchanges and regulators to freeze and retrieve assets.
Judgment Enforcement & Insolvency
Post-judgment recovery actions, winding-up petitions, bankruptcy proceedings, and garnishee orders for clients ranging from financial institutions to individual creditors.
Preventative Recovery Strategies
Advisory on secured lending structures, collateral frameworks, due diligence protocols, and contractual safeguards designed to minimise debt exposure before disputes arise.
