Practice Area
Out-of-Court & Financial Settlements
Negotiating and recording the settlement of claims and financial disputes, without the cost and delay of a trial.
Overview
Out-of-court settlements in Abuja.
Many disputes are best resolved by a negotiated settlement: a debt repaid on agreed terms, a claim compromised, or a financial relationship brought to a clean end. The value of a settlement depends on how well it is negotiated and how carefully it is recorded. We negotiate and record settlements for clients from our office in Maitama, Abuja.
We negotiate on your behalf, advise on the terms and prepare settlement documents that are clear and enforceable. Where proceedings are already in court, terms of settlement can be filed and entered as a consent judgment, giving them the force of a judgment of the court.
How we help
What we do for you.
- 01Assessing the claim and your negotiating position
- 02Without-prejudice correspondence and settlement meetings
- 03Debt restructuring and repayment agreements
- 04Deeds of settlement, release and discharge
- 05Terms of settlement and consent judgments in pending cases
- 06Enforcement if the other side does not honour the agreement
Need help with out-of-court and financial settlements?
Who we act for
Our clients.
- Creditors and debtors
- Businesses in commercial disputes
- Employers and employees
- Individuals with financial claims
- Estates and beneficiaries
Not sure whether we can help? Send us a short outline.
What does “without prejudice” mean?
Communications made in a genuine attempt to settle a dispute and marked “without prejudice” are generally protected: they cannot be used in court as an admission against the party who made them. This allows the parties to negotiate openly.
Can a settlement be enforced if the other party does not pay?
If the settlement was entered as a consent judgment, it can be enforced like any other judgment. A private settlement agreement can be enforced by suing on the agreement. Careful drafting at the outset makes enforcement much simpler.
Do I have to admit liability to settle?
No. Settlements commonly state that they are made without any admission of liability. We will advise on the wording that protects your position.
Have a question we have not answered here?
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Discuss your matter with us.
Book a consultation about out-of-court and financial settlements, or reach us directly by phone or WhatsApp.