Federal High Court reinforces administrator supremacy in corporate restructuring
Real Estate
Dispute Resolution, Insolvency, Restructuring
ND
Nigeria
2026
Federal High Court reinforces administrator supremacy in corporate restructuring
The Federal High Court, in a ruling delivered by Hon. Justice Alexander Owoeye on 26 January 2026 in Suit No. FHC/L/CS/2155/2025 – Ewhubare v. Sujimoto Holdings Limited and Suit No. FHC/L/CS/2154/2025 – Ewhubare v. Sujimoto Construction Limited, that suspended directors cannot interfere with corporate restructuring processes once an administrator has been lawfully appointed under the Companies and Allied Matters Act (CAMA) 2020, strengthening Nigeria's business rescue regime.
Advisory Team:
Stren & Blan Partners
Omobolaji Bello
Sesugh Famave
Chidera Nwokeke
Babatunde Oyewole
Lynda Agukwe