GET A BUSINESS/CORPORATE LAWYER TO REVIEW YOUR CONTRACTS AND AGREEMENTS
Anyone who tells you not to involve a Lawyer because “Lawyers are expensive” does not truly care about you. The money you think you are saving today may cost you your entire business tomorrow.
No matter how small the investment looks, always have your own Business/Corporate Lawyer. Never rely on the other party’s Lawyer. His loyalty is not to you.
At Apex Chambers, we recently reviewed a one-sided investor funding Agreement. An investor offered a business a loan of 20 Million Naira and demanded 50% ownership of the company. It was accepted.
The two founders were left to share the remaining 50%. Just imagine. These entrepreneurs now work for the investor, and when the business grows they still have to repay the loan while the investor keeps 50% of the company for life. This is not an investment. This is exploitation.
This could have been avoided. With the guidance of an experienced Business/Corporate Lawyer, they could have negotiated better terms, raised capital without sacrificing half their company or simply walked away.
Let your own Lawyer review your Contracts/Agreements before you sign.
Understand that not all money is good money. Sometimes the smartest move is to say no.
Your business is your birthright. Do not sell it for a plate of porridge.
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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors Advocates, Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria
I need legal assistance on an agricultural law case, business law, Corporate law and contract matters. Does your firm specialize in any of this area? If so, I will be happy to forward you a brief summary for your review.
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Joe Roberts
I need legal assistance on an agricultural law case, business law, Corporate law and contract matters. Does your firm specialize in any of this area? If so, I will be happy to forward you a brief summary for your review.
Joe Roberts
admin
Yes we do. We have replied your email.