PRIMEATTORNEYS

In Bankruptcy practice, we have one of the top-class and experienced legal team on the market on the areas of corporate insolvency, receivership and liquidation in Tanzania. We understand the stress and the challenges underlying bankruptcy, once you engage Prime Attorneys, you will have a settled state of mind. Our liquidation lawyers will prepare the state of affairs for your, enter into voluntary agreements with skeletal staff, file statutory returns, advertise for request of creditors’ proof of claims, dispose assets, rate and effect payment of creditors and the subsequent deregistration process. We offer professional advice to companies, corporate debtors, receivers, liquidators, creditors and other stakeholders on best strategies during the pre and post liquidation and receivership processes. Moreover, our legal team may guide in verification and protection of assets, restructuring, organising merger or demerger of the business, verify the past and current liabilities, set and enforce debt collection strategy and draft the Liquidation Guidelines or Manuals.