The Federal High Court Headquarters has announced the creation of an ‘Insolvency Unit’ for the Court, aimed at addressing the implementation of laws relating to company restructuring and dissolution in Nigeria.
According to the court, the laws related to “Company Voluntary Arrangements (CVA), Administration, Receivership, Winding Up (Dissolution), and various forms of restructuring of companies” in Nigeria.
The unit was created following approval by the Chief Judge of the Federal High Court, Justice John Terhemba Tsoho.
This was disclosed in a statement signed by Sulaiman Amida Hassan, Esq., Chief Registrar, Federal High Court of Nigeria, and made available to Nairametrics on Sunday.
