Corporate Governance and Business Advisory

Summit Solicitors advises on how businesses are structured, managed, and controlled, with a focus on preventing internal disputes and keeping operations aligned with legal requirements. This includes setting up clear roles, decision-making processes, and ownership arrangements before issues arise.

What This Involves

Corporate governance issues often appear when there is no clear agreement between founders, directors, or shareholders. We work on putting proper structures in place so responsibilities, voting rights, and financial interests are clearly defined. Business advisory work covers decisions that affect how a company operates day to day. This includes reviewing existing structures, correcting gaps in documentation, and aligning internal arrangements with the company’s actual operations.

Common Situations We Work On

• Founders operating without a shareholders’ agreement
• Disputes over control or decision-making
• Unclear director roles or authority
• Informal business arrangements that need formal documentation
• Restructuring ownership before investment or expansion

How We Approach It

We start by reviewing how the business is currently set up, including its documents and internal arrangements. Where gaps exist, we prepare or revise the necessary agreements and governance documents. Clients are told what needs to be fixed, what risks exist if nothing changes, and what steps are required to put proper structures in place.

Why It Matters

Poor governance leads to disputes, delays, and loss of control. Once a disagreement escalates, fixing it becomes more difficult and costly. Putting the right structure in place early reduces the risk of conflict and allows decisions to be made without uncertainty.

Our Service Locations

We work with clients across Lagos, Ogun, and Abuja (FCT). Our services also extend to Nigerians living abroad and foreign individuals or companies looking to operate in Nigeria or understand local legal requirements. When you are entering an agreement or planning a transaction, we can review the details and explain your position under the law.