CREDIT TRANSACTIONS
Commerce and investment are the lifeblood of any economy. Financing these major economic activities requires the use of credit facilities by entrepreneurs, corporate entities, small and large scale industries and multinationals. Credit is the fons et origo of funding in every business sector be it Shipping, Aviation, Oil & Gas, Automotive, Manufacturing, Energy, Estate, Foreign Direct Investment, Trade and even Banking.
An important consideration of any financier in advancing a loan is the borrower’s capacity to repay the loan with the accrued interest and charges. Associated with loans are often issues of hidden fees, excess and wrongful charges. Thus, always, the issues in secured and unsecured credit transactions are default in repayment, hidden fees, excess and wrongful charges, insolvency and receivership.
McCarthy Mbadugha, SAN & Co.’s expertise in resolving disputes in this field is second to none. We adopt a commercial and legal approach in advising our clients and in resolving dispute in this area. We tailor our services to our clients’ needs. We represent Governments, Aviation Industry, Banks, Shipping Companies and Shipyards, Oil and Gas Companies, Automotive Industry, Multinationals, limited liability companies and individuals. We practice in the following areas:
- Aircraft Financing and Mortgage
- Asset Tracing/Recovery. We trace hidden assets through search orders and freezing injunctions.
- Construction
- Documentary Credit
- Equipment Financing and Mortgage
- Excess/wrongful charges and interest
- Insolvency and Receivership
- Mortgage of Estate
- Mortgage of Shares
- Oil & Gas
- Project Financing
- Ship Financing and Mortgage
- Trade and Import Financing
- Unjust enrichment, disgorgement and restitution