Firm Profile

Advocaat Law Practice

Global Guide 2024

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Advocaat Law Practice

Advocaat Law Practice

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About

Provided by Advocaat Law Practice
Global

Managing Partner: Ola Alokolaro
Number of partners: 4
Number of other lawyers worldwide: 9
Languages: English, French (working), Yoruba, Igbo and Hausa

Firm Overview:
Advocaat Law Practice is comprised of a cohesive team of partners, associates and support staff, providing legal services of the highest standards to both domestic and international clients with investments in West Africa. The ease of access to the firm’s partners ensures that the firm is more client-focused, thus making quality of service the firm’s core objective.

Main Areas of Practice: 

Energy & Infrastructure
■ Providing legal advisory services to a special purpose vehicle on the acquisition of its interest in the Meta marginal field awarded under the 2020 marginal fields licensing rounds.
■ Acted on behalf of Globeleq Power Solutions Nigeria Limited (GPSNL) with respect to its proposed acquisition of two Captive power plants in Lagos and Ogun States.
■ Advised Cummins Power Generation (Nigeria) Limited (CPGNL) in connection with its operations and maintenance of Gas turbines for a successor power generating company for the provision of additional power.
■ Advised a leading power distribution company in South West Nigeria on its metering programme with Meter Assets Providers.
■ Advised CPGNL on the applicability of the force majeure clauses in the light of the Covid-19 pandemic, on its Power Purchase Agreements with customers and renegotiation of same.
■ Provided legal advisory services and support to a consortium of oil companies on the acquisition of interests in marginal fields
Key Clients: AMW Petroleum Development Company Limited, GPSNL, Range Oil & Gas Limited, Chorus Energy, Gankco Energy Services Limited, CPGNL, Ibadan Electricity Distribution Company Plc (IBEDC).
Contact: Ola Alokolaro
Email: [email protected]

Corporate Commercial:
■ The firm is providing legal advisory services to Kunoch Limited on the divestment and purchase of shares of Oxygen Mining Limited.
■ The firm was engaged by Unique Grains and Foods Limited to provide legal advisory services in respect of its acquisition of Gossy Warm Spring water.
■ Advised CPGNL on its acquisition of majority shareholding in a licensed indigenous IPP in Nigeria.
■ The firm advised Guinness Nigeria Plc. on its proposed Distributor Financing Scheme.
Key Clients: Emigra Europe Limited, Fragomen, Saro Group, Monitise MM Nigeria Limited, Agriseedco Nigeria, Guinness Nigeria Plc.
Contact: Kemi Sijuwade
Email: [email protected]

Financing:
■ Represented the Issuer with respect to the issuance of N20, 000,000,000 (approximately US$52,631,578) Commercial Paper programme.
■ Acting as Lenders Legal Counsel in the N19,000,000,000 (approximately US$50,000,000) contract finance facility to be granted to a telecommunication company for rural telephony.
■ Counsel to the Issuer with respect to a N100, 000,000,000 (approximately US$263,158,000)Bonds issuance Programme
■ Advised FBN Bank (UK) Limited as lenders on its US$30,000,000 uncommitted revolving stock finance facility.
■ The firm advised Union Bank UK Plc on its US$ 7,000,000 loan facility to a Nigerian jet fuel supplier.
Key Clients: First City Monument Bank, Zenith Bank Plc, FBNQuest Merchant Bank Limited, FBN Bank (UK) Limited, Union Bank UK Plc
Contact: Sams Ugbeda
Email: [email protected]

Dispute Resolution:
■ The firm is retained by Emerging Markets Telecommunication Services Limited (EMTS) to represent it in suits before courts and alternative dispute resolution tribunals in Nigeria
■ The firm is representing Funtay Global Resources Limited before the superior court of record in a matter relating to its acquisition of interests in a marginal field.
■ The firm is representing MTN Nigeria in a number of suits at superior courts of record in various states across Nigeria.
■ The firm is representing IBEDC., Zenith Bank Plc, Sterling Bank, Access Bank and Standard Chartered Bank on a number of commercial litigation Matters
Key Clients: EMTS, MTN Nigeria, Tangerine Insurance, Ibadan Electricity Distribution Company Plc, Zenith, Ecobank, Access, Union and Sterling Banks.
Contact: Jacob Famodimu
Email: [email protected]

Telecommunications, Media & Technology:
■ The firm advised Virtual Data Limited on the provision of Value Added Services Aggregator Monitoring Solution to the Nigerian Communication Commission (NCC).
■ The firm advised MTN Nigeria on the data protection regulatory/compliance framework applicable in respect of the transfer of MTN’s data to a platform located in Netherlands.
■ The firm is retained by Mobile Intelligence Limited, a NCC licensed Content Aggregator and one of the major MNO Licensees.
■ The firm is retained to provide legal advisory services to Corridor Communications, a company partnering with major network operators to provide proprietary technology for the telecoms industry.
■ Retained to provide legal advisory services to Airband Wireless Limited, a NCC licensed entity.
Key Clients: MTN Nigeria, EMTS, Mobile Intelligence, FTI Consulting
Contact: Rotimi Akapo
Email: [email protected]

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