Lead Partner at Sobowale, Medidem & Bello
Lead Partner
‘Debola is a founder and Lead Partner of SMB. He provides strategic direction for the firm and leads its Litigation, Debt Recovery & Insolvency, and Commercial Law practice, with extensive experience in complex legal issues and transactions across corporate and commercial law, insolvency, real estate, maritime, labour, matrimonial causes, trusts and estates, and intellectual property.
‘Debola was formerly a Partner and Head of the Debt Recovery and Insolvency Group at a leading law firm in Nigeria. He has brought that experience to the firm’s comprehensive insolvency and intellectual property practice, and has been involved in major litigation and international arbitration proceedings. He is also an excellent negotiator, who has negotiated a wide range of intricate local and international transactions across various sectors. He has advised banks, government corporations and departments, and private organisations and individuals on a wide range of legal issues.
‘Debola was recently involved in successfully representing a major telecommunications conglomerate on a Certificate of Capital Importation and the repatriation of foreign exchange in relation to the Central Bank of Nigeria. He was also instrumental in successfully defending the Asset Management Corporation of Nigeria (AMCON) against an adverse claim in which the debtors sought ₦300 billion in damages. He represented a top-tier Nigerian bank in enforcing a Deed of All Assets Debenture executed as security for credit facilities granted to its customer, and obtained orders of possession and management of the company’s assets in recovery of debts of $20,000,000 and ₦250,000,000.
Practice areas
Company secretarial, governance and compliance
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