The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is collaborating with the Federal High Court to enhance the efficiency of insolvency procedures, as part of efforts to strengthen business recovery processes in the country.
The President of BRIPAN, Mr. Chimezie Ihekweazu, SAN, disclosed this in Abuja during a courtesy visit to the Chief Judge of the Federal High Court, Justice John Tsoho.
Ihekweazu said that the collaboration is aimed at enhancing business recovery administration.
He said that the association had been looking for ways to bring ailing companies back to life, adding that establishing a solvency unit was a breath of fresh air as it would go a long way in ensuring the survival of…