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Book On Insolvency, Bankruptcy Laws Unveiled

Kunle Olasanmi by Kunle Olasanmi
4 months ago
in News
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A major milestone has been recorded in Nigeria’s legal and financial sector with the release of Insolvency and Bankruptcy Laws and Practice in Nigeria, a groundbreaking publication authored by Justice Inyang Edem Ekwo.

The 1,112-page legal masterpiece, published in 2026 by Princeton & Associates and reviewed by Rowland Enwerem, is already being hailed as the most comprehensive work ever written on insolvency and bankruptcy practice in Nigeria.

The book provides an in-depth examination of Nigeria’s evolving insolvency framework, covering critical areas such as corporate restructuring, debt recovery, bankruptcy procedures, liquidation, receivership, mergers and acquisitions, company voluntary arrangements, and banking-sector insolvency.

Drawing extensively from key legislation, including the Companies and Allied Matters Act 2020 (CAMA 2020), the Bankruptcy Act, banking regulations, deposit insurance laws, credit reporting systems, and secured transactions frameworks, the publication offers both practical guidance and scholarly analysis for legal and financial practitioners.

Structured into 21 detailed chapters, the work combines judicial insight with academic depth, reflecting Justice Ekwo’s vast experience on the Bench as a serving judge of the Federal High Court. The publication also incorporates comparative perspectives from other Commonwealth jurisdictions while remaining firmly rooted in Nigeria’s legal realities.

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Legal experts say one of the book’s greatest strengths lies in its ability to simplify highly technical areas of insolvency law without sacrificing analytical rigour, making it accessible to judges, lawyers, regulators, bankers, accountants, enforcement agencies, academics, and students.

The publication is also being celebrated as the first fully comprehensive textbook devoted exclusively to insolvency and bankruptcy laws and practice in Nigeria — filling a critical gap in the nation’s legal scholarship.

Observers believe the book is set to shape conversations around financial regulation, corporate rescue, and business restructuring in Nigeria, especially amid growing economic pressures affecting businesses and financial institutions nationwide.

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