Punuka Attorneys is best known for its profile in litigation and insolvency. "Strong in litigation, the main partner is the equivalent of a UK QC, an ex-president of capital markets lawyers association," says one peer of managing partner Anthony Idigbe....
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Punuka Attorneys is best known for its profile in litigation and insolvency. "Strong in litigation, the main partner is the equivalent of a UK QC, an ex-president of capital markets lawyers association," says one peer of managing partner Anthony Idigbe. Another recommends the firm for "capital markets litigation; they have done some high profile securities cases".
One client for debt recovery work and banking related case says: "I have very high opinion of them, they are well established, have a large number of lawyers working with them and have been very professional... very good in insolvency". Idigbe is the president of the Business Recovery and Insolvency Practitioners Association.
The firm has acted for numerous companies in public share issues, advising on Securities and Exchange Commission regulatory matters, drafting resolutions to companies from private to public entities and filing prospectuses.
In February 2011, Idigbe advised the Royal Exchange on a large debt write off related to its holding company. The firm was also helped Diamond Bank on insolvency and cross border insolvency matters, including dealing with creditors, and on a $3 million debt recovery exercise.
In 2011 Idigbe and Nnamdi Dimgba were engages by ADIC Insurance and its subsidiaries to support on a transfer of assets and liabilities of a subsidiary company to its holding company, completing a merger between life insurance and general insurance businesses. The firm also advised the Leo Group on a series of mergers of $13 million to consolidate its operations in the country.
The firm also has a very strong practice advising construction companies on large infrastructure projects.
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