About

The firm consists of attorneys with many years of experience in legal, tax and transactional services both at local and international level. The firm provides services ranging from business regulations from start-up to liquidation, people and employment, commercial dealings and re-organizations.

We are a commercially orientated firm, we look at transaction documents with the legal eye that accountants don't have and the commercial knowledge that most lawyers lack thus giving our clients the double advantage.

Because we are there for the important everyday issues, not just the less frequent big deals, our relationships with our clients are extremely important. This enables us to listen to and understand what our client’s’ real needs are, and how we can deliver a client-led service whenever our foreign clients choose to do business in Nigeria.

Our brand is built upon local legal expertise, international affiliations and long-term full service relationships with our clients. Our goal is to be the law firm of choice for companies and individuals doing business in Nigeria.

Highlights of Experience

Our achievements in our areas of practice are as a result of our commitment to our clients, our wide range of expertise and experience of our team and our passion to deliver results.

 
  • We assisted the state oil corporation NNPC in resolving some important tax/PPT matters running into billions of US dollars.
  • We negotiated a tax assessment on behalf of a client in the manufacturing sector to obtain a waiver of the Commencement Rule that would have resulted in a tax liability of NGN 595million.
  • We recently acted on behalf of a leading telecoms company in Nigeria in its dispute with the Federal Inland Revenue Service and got a NGN 3.6billion tax assessment discharged without any penalty.
  • We recently resolved a dispute on the application of Turnover Assessment on a multi-national that led to a tax savings of over GBP 20 Million.
  • We reviewed and redrafted the Engineering Procurement and Construction Contract for a green-field Liquefied Natural Gas Company. Our suggestions to the EPC Contract resulted in multi-million dollars tax savings.
  • Worked with a leading US Law Firm, we designed the appropriate corporate structure that would be best placed to carry out the shipping activities for a Liquefied Natural Gas Company in view of the multi-jurisdictional tax issues involved.
  • We advised a leading tobacco manufacturing company on how it can make multi billion Naira savings in its Excise Duty obligations.
  • We have advised a US owned multinational oil and gas company on issues ranging from tax implications of the fiscal value of crude, pricing methodology and gas flaring.
  • We advised multinational telecommunications company on the tax implications arising from interest on pioneer status income and resolved a tax dispute with Federal Tax Authority on the issue.
  • We have advised and resolved PAYE issues on behalf of a UK- owned telecommunications company, a US owned multinational oil and gas company, an indigenous manufacturing company saving the clients several billions of Naira.
  • We recently advised a foremost player in the Nigerian telecommunication industry on the proposed reorganization by way of transfer of its business assets to another company in the same group in a bid to ensure that the most tax efficient structure is adopted to support external investments of USD 1.8billion.
  • We reviewed and redrafted the Engineering Procurement and Construction Contract for a green-field Liquefied Natural Gas Company. Our suggestions to the EPC Contract resulted in multi-million dollars tax savings.
  • We recently obtained two judgments in our favour on behalf of a major IOC leading to the discharge of over US$1 billion tax liability. We successfully advocated the right of the major IOC engaged in downstream/upstream gas utilisation to claim investment allowance rate set out under the provisions of Sections 32 and 39(1)(b) of CITA against its crude oil profits.
  • We represented a lube oil blending and oil retailing company on a very tricky tax issue before the Tax Appeal Tribunal and at the Federal High Court and won technically on landmark tax issue. We have successfully represented members of board of directors of a first generation bank before the Securities and Exchange Commission Tribunal.
  • We are currently representingthe a key financial stabilizing and re-vitalizing governmental institution Asset Management Company of Nigeria (AMCON) in recovering the non-performing loan assets of some banks.
  • We have represented clients in carrying out the liquidation/receivership of companies in Nigeria.
  • We have successfully represented two indigenous oil and gas company in criminal proceedings before the State High Court and Revenue Courts respectively absolving these companies of all criminal liability.
  • We represented a Japanese owned oil and gas company before the House of Representatives Committee on Financial Crimes and got the company discharged from all charges/allegations.
  • We have successfully represented a Real Estate company based in Lagos in a suit relating to title to land and compensation for land owners/communities.
  • We acted as external counsel to the Transmission Company of Nigeria providing legal and regulatory advice and support as it relates to the on-going power sector reform.
  • We are represented a leading integrated oil company on its US$90million purchase of the Searex VI and Searex XII Oil Rigs.
  • We represented a Swiss oil and gas company on the US$10.5million acquisition of an Oil Terminal in the Calabar Free Trade Zone.
  • We advised a leading financial advisory firm, with interest in property development, on the optimal ways to use equity and other security instruments to raise capital for real estate developments.
  • We also advised on the best methods of land ownership to reduce title perfection cost.
  • We acted as Counsel to an indigenous Petroleum Limited, the holder of OPL 238 on the drafting and negotiation of the Farm-In Agreement, the Joint Operating Agreement and the Deed of Assignment with an IOC.
  • We acted as Counsel to a publicly listed UK Oil & Gas Company on the acquisition of Working Interests in OML 110.
  • We represented a Norwegian Oil & Gas Company in carrying out legal due diligence, drafting the agreements and negotiating the acquisition of Working Interests in OMLs 113, 90, 67 and 115.
  • We acted as Counsel to a publicly listed US Oil & Gas Company in carrying out legal due diligence on an interest owned in OML 105 by a Bahamian registered company.
  • We acted as counsel to an indigenous Petroleum Development Company the holder of OML 112 and OML 117 on the drafting and negotiation of the Farm-In Agreement, the Joint Operating Agreement and the Deed of Assignment with an IOC.
  • We represented a Dutch Company in the acquisition of a Working Interest in OPL 229 and the indirect ownership of additional interest in the same block through an indigenous co-owner.
  • We acted as Counsel to an indigenous Petroleum Development Company in creatively carving out an interest in the Okoro Setu Exclusive Area in OML 112 in favour of an IOC as Farmee.

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