Recovering What Was Taken, Wherever It's Been Moved
An asset recovery lawyer in Lagos is who clients turn to when assets have been lost, stolen, or misappropriated through fraud, corruption, or other unlawful means. Adedamola Ayodele & Co. utilizes a range of legal tools and investigative strategies, including tracing, freezing, seizing, and enforcing judgments, to locate and recover assets across jurisdictions and borders for clients in Lagos and nationwide.
Scope of Services
- Asset Tracing & Investigation: Combining legal strategy with investigative technique to locate assets that have been deliberately hidden, moved, or disguised, domestically and across borders.
- Freezing & Preservation Orders: Initiating Mareva injunctions and other preservation orders to stop assets from being dissipated before a judgment can be enforced against them.
- Garnishee & Post-Judgment Enforcement: Pursuing garnishee proceedings and post-judgment execution to convert a court judgment into assets actually recovered, not just a favorable ruling on paper.
- Cross-Border Recovery: Coordinating recovery efforts where assets have been moved internationally, working with foreign counsel and enforcement mechanisms where needed.
- Institutional & Bank Debt Recovery: Assisting financial institutions and creditors in recovering non-performing loans and distressed debt, including in coordination with statutory bodies such as AMCON (the Asset Management Corporation of Nigeria).
Statutory Framework
Our asset recovery practice draws on common law principles governing Mareva injunctions and freezing orders, the Sheriffs and Civil Process Act governing garnishee proceedings, the Foreign Judgments (Reciprocal Enforcement) Act for cross-border enforcement, and the AMCON Act 2010 where institutional debt recovery is involved.
Justice, Recovered
Our dedicated team employs both legal strategy and investigative technique to reclaim assets, ensuring that justice is served and rightful ownership is restored, wherever the assets have ended up.
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