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THE MULTI-MILLION DOLLAR SUIT BETWEEN ENI INTERNATIONAL B.V., ENI OIL HOLDINGS B.V. & NIGERIAN AGIP EXPLORATION LIMITED V. FEDERAL REPUBLIC OF NIGERIA (ICSID CASE NO. ARB-20-41)

[vc_row triangle_shape="no"][vc_column][vc_column_text][/vc_column_text][vc_empty_space height="30px"][vc_column_text]Our firm, in conjunction with Curtis, Mallet-Prevost, Colt & Mosle LLP, London, UK, is representing the Federal Government of Nigeria at the ongoing arbitral reference initiated by oil giant, Eni, against Nigeria before the International Center for Settlement of Investment Disputes, ICSID. Eni International B.V. (Dutch), Eni Oil Holdings B.V. (Dutch), and Nigerian Agip Exploration Limited (Nigerian) initiated the reference against the Federal Republic of Nigeria for the alleged breach of the parties’ investment agreement over Nigeria’s Oil Prospecting License “OPL 245”. Meanwhile, the “OPL 245” is already subject of an ongoing corruption trial in Italy against Eni, Shell,...

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First Day of Ibadan Bar Football League

[vc_row triangle_shape="no"][vc_column][vc_column_text][/vc_column_text][vc_empty_space height="30px"][vc_column_text] The second edition of Aare Afe Babalola/ Ibadan Bar football league has kicked off at the Olubadan stadium in Ibadan. Our correspondent gathered that the football league is being organized by Afe Babalola and Co. in partnership with the Nigerian Bar Association, Ibadan Branch. The football league which started in 2019 is an annual football competition amongst the Legal Practitioners in Ibadan within the Ibadan Bar famously known as the Premier Bar. The Competition known as AARE AFE BABALOLA, SAN/IBADAN BAR FOOTBALL LEAGUE 2020 according to the organizers is part of the Law Week Celebration of the Ibadan Bar for the...

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In a final installment of his discourse on Award Finality in Nigeria, Afe Babalola & Co. Managing Partner, Adebayo Adenipekun, SAN, FCIArb. focuses on the judicial policy of Nigeria regarding arbitration. He takes the view that the Courts heavily support the concept on award finality and argues that "Of course, the criticism against Taylor Woodrow is not really that it altered the law but that it has led to a deluge of mischievous actions to set awards aside. The problem with this criticism is in its very framing – if an application is mischievous or made with a hidden untoward intent, the state of the law is essentially immaterial"

— Finality of Arbitral Awards in Nigeria- Separating Harm from Hubris (Contd.)

Come in, Let’s Arbitrate: The Rise and Rise of Arbitration in Nigeria

We aim to lead in each practice and area of law we work in. Coming from in-depth understanding of the law and the industry, capitalizing on extensive experience, we provide hands-on advice that speaks the language of our client’s business. Whether in aviation, sales and distribution, antitrust, corporate and M&A, finance, employment, energy, IP, litigation, TMT, real estate, or any other area of law, our clients can expect excellence and commitment to their objectives. Ensuring the operational functioning of the organisation, the development of external relations, management of press relations and constant communication with the press....

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