Victory Attorneys & Consultants

Victory Attorneys & Consultants is a reputable law firm, noted for its ability to empower clients to recover and emerge stronger amidst financial difficulties. Established in 2011, the firm is exceedingly adept at both restructuring and insolvency issues, and our steadfast commitment in these areas has garnered us an exceptional reputation.

Our Expertise

Our accomplished team has a proven track record in aiding clients overcome their financial challenges. We offer a myriad of services, including:

• Debt collection
• Receivership
• Administration
• Liquidation
• Winding up
• Dissolution
• Bankruptcy

Our insolvency practitioners wield a deep-seated understanding of finance and legal matters, ensuring clients are guided accurately when confronted with financial hurdles. We are proud of our extensive experience across various sectors, encompassing insurance, real estate, agri-business, ICT, financial services, power, extractive industries, tourism, aviation, manufacturing, and oil & gas.

Our Team

The firm's Restructuring and Insolvency department is led by Ms. Fatma Haruna Songoro, the esteemed Vice Chairperson of the East Africa Law Society's insolvency committee. The department comprises several experts in insolvency, debt collection, and civil suits, offering unrivaled knowledge of the intricacies of insolvency and restructuring.

Our Track Record

We have demonstrated experience in the following areas:

1. Acted as a liquidator for Star General Insurance Company, marking the first insurance company in Tanzania to engage in voluntary winding up.
2. Skillfully advised a multinational company on regulatory issues, creditor engagement, claim settlements, employee layoffs, reconciliation and re-insurer settlements, asset disposition, and collection of receivables.
3. Efficiently handled dissolution of both domestic and foreign companies by invoking section 400(3) of the Companies Act, skipping the complex dissolution process.
4. Conducted corporate restructuring for over 50 entities, including companies, trust funds, and non-profit organizations.
5. Successfully led the dissolving of over 20 international and local NGOs.

At Victory Attorneys & Consultants, your financial recovery is our commitment. Contact us today for expert guidance and take a significant step towards your financial revival.