Yesterday, Thursday, October 20, 2022, at the Moorhouse Hotel in Ikoyi, Lagos State, the first Initial Creditors Meeting (ICM) to be recorded under Nigeria\’s 2020 Companies and Allied Matters Act and the new Insolvency Regulations 2022 was convened. In accordance with his authority as the Company\’s Administrator, Mr. Bidemi Daniel Olumide of Anaje Olumide Oke Akinkugbe (AO2LAW) called the meeting to discuss the business of The Moorhouse Company Limited. You may recall that on Friday, July 22, 2022, Justice D.E. Osiagor of the Federal High Court of Nigeria issued an Interlocutory Administration Order on behalf of the Company in the case known as Accor Afrique SA v. The Moorhouse Company Limited, FHC/L/CS/1039/22.
Table of Contents
Want to keep up with our Articles?
Get our most valuable tips right inside your inbox, every month!
Related Posts
Nigeria’s reactivated Cabotage Vessel Financing Fund offers a major opportunity to expand indigenous...
The AfCFTA promises greater market access across Africa, but businesses cannot assume that trade integration...
For many Nigerian businesses, growth is not held back by demand but by timing. This article explains...
Nigeria’s adoption roadmap for IFRS Sustainability Disclosure Standards signals a major shift for companies,...
Under Nigeria's CAMA 2020, Company Voluntary Arrangements (CVAs) offer financially distressed companies...
The 2026 Conversion and Renewal Regulations introduce a clearer framework for transitioning Nigerian...
Nigeria's corporate insolvency framework has decisively shifted from inevitable liquidation to prioritizing...
The Central Bank of Nigeria is shifting from individual participant supervision to structural oversight...
Nigeria has officially launched Phase One of the National Single Window (NSW), a centralized digital...