Limited partnerships (LPs) are a flexible form of business entity commonly used in complex transactions. They allow an acquirer of an existing business, or developer of a new project, to seek financing from passive investors and create a custom structure to run the business. This can be attractive to passive investors, because they gain access to the financial upside of the investment, obtain some degree of certainty regarding their maximum downside, and enjoy the […]

BUSINESSES have to deal with a myriad of issues and overcome many hurdles to become established and remain afloat. From business registration to obtaining permits, raising capital, registering property, dealing with customs in some cases, getting the right people to hire, handling customer relations, internal control and fraud prevention, financial reporting, investors and other stakeholder management, and paying taxes among others.

Nigeria is currently facing significant challenges as a result of the falling oil prices […]