Punuka Attorneys & Solicitors

Nigeria

Address:
Plot 45, Oyibo Adjarho Street
Off Admiralty Way
Lekki Phase 1, Lagos
Nigeria

+234 1 270 4789

+234 1 270 4790


Key contacts:

Managing Partner: Elizabeth Idigbe
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Senior Partner: Anthony Idigbe, SAN
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General Manager Practice : Angela Ezenweani
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Quick facts:

Lawyers: 35
Network memberships: LAW, IBA, INTA, ICCN, BRIPAN, CMSA, IAEL
Languages: English , Ibo, Hausa, Yoruba, French


A fully integrated and multi-dimensional business law practice, with over 60 years of combined experience providing advisory, dispute resolution and support services to a diversified client base, including individuals, corporate organizations, multinationals and government agencies.

  • Banking
  • Capital markets: Debt
  • Capital markets: Derivatives
  • Capital markets: Equity
  • Capital markets: High yield
  • Competition
  • Covered bonds
  • Financial restructuring
  • Financial services regulatory
  • Hedge funds
  • Investment funds
  • M&A
  • PPP/PFI
  • Private equity
  • Private equity funds
  • Project bonds
  • Project development
  • Project finance
  • Real estate finance
  • Real estate funds
  • Restructuring and insolvency
  • Securitisation
  • Structured finance/securitisation
  • Trade finance

Litigation:
A. Anthony Idigbe, SAN
a.idigbe@punuka.com 
B. Nnamdi Oragwu
n.oragwu@punuka.com

Recent transactional highlights:

  • Representing a client in a proceeding for enforcement of judgment worth $66,383,694.11 USD
  • Representing a bank in a breach of contract matter with a claim of $23,363,960.00 USD
  • Represented a Bank in a judicial review mater filed against the judgment of a District court worth $20,000,000 USD
  • Representing a Regulator in an action filed against it by a company and its directors resisting payment of fine of about N271,925,000
  • Representing a bank in a proceeding for enforcement of right under a debenture trust deed used to secure a credit facility worth N320,423,874.37 
  • Represented and got judgment in the sum of $9.1 million USD on behalf of a client in a recovery of debt matter 

Restructuring & Insolvency:
A.Okorie Kalu
o.kalu@punuka.com
B.Tobenna Nnamani
t.nnamani@punuka.com

Recent transactional highlights:

  • Represented the Judgment debtor in compromising a judgment debt of over N26, 000, 000, 000 at the Federal High Court, Ikoyi Lagos.
  • Represented a telecommunications company in obtaining a judgment of over $9, 000, 000 at the High Court of Lagos State;
  • Representing at Oil & Exploration company in restructuring of debt of over $100, 000, 000 at the Federal High Court, Abuja.
  • Representing a Petitioner in recovering a debt of N30, 000, 000 from an Oil & Gas transaction at the Federal High Court, Lagos.
  • Representing the Respondent in restructuring a debt of over $40, 000 at the Federal High Court Ikoyi, Lagos
  • Representing the Respondent in respondent restructure a debt of over N5, 000, 000, 000 at the Federal High Court Ikoyi Lagos.
  • Acting as mediator to resolve a debt between parties of over N6, 000, 000, 000 at the Court of Appeal, Lagos.
  • Representing a Respondent defend the enforcement of a foreign judgment of over $10, 000, 000 at the Federal High Court, Ikoyi Lagos.
  • Representing a Respondent to restructure a debt of over $1, 500, 000 at the High Court of Lagos State
  • Representing a Respondent defend an action regarding steps adopted to enforce a mortgage facility of over N150, 000, 000 at the High Court of Lagos State.
  • Represented and got judgment in the sum of $9.1 million USD on behalf of a client in a recovery of debt matter

Capital Market Transaction:
Ebelechukwu Enedah
A.e.enedah@punuka.com
B.Tobenna Nnamani
t.nnamani@punuka.com

Capital Market Transactions 

  • Advised, reviewed contracts and conducted due diligence for a high-profile international company in respect of a share acquisition and merger transaction with a Nigerian Joint Venture worth about $15,000,000,00.
  • Advised a foremost Nigerian company on the best strategy for the sale of its shares in another top Nigerian company.
  • Advised and worked with an Italian law firm on Notification Filing in Nigeria in compliance with the Federal Competition and Consumer Protection Act 2019.
  • Advised and represented a regulator on its powers under the enabling Act to introduce E-Dividend Mandate System and the cessation of the issuance of physical dividend warrants.
  • Advised and represented a regulator on its powers to regulate the sector vis-a-vis its mandate to protect the public against bad business practice within the sector

Intellectual Property:
A.Elizabeth Idigbe 
e.idigbe@punuka.com
B.Obianuju Otudor 
o.otudor@punuka.com

  • Successfully represented in Court, an international Swiss media company over a copyright infringement claim of N65,000,000.00
  • Representing in Court a Local Production Company on a Copyright infringement matter of N900,000,000.00 claim against another Local Production company over the alleged theft of the company’s screen play.
  • Representing a Local artist on a copyright infringement claim of N160,000,000.00 against an international entertainment company over the unauthorised use of the artist image.  
  • Successfully represented an Asian brewery company at the Nigerian Trademark Tribunal on third party opposition matter of the Company's highly valued and bestselling brand.
  • Registered numerous trademarks for Blue chip, International and Local companies at the Nigerian Trademark Registry.
  • Representing in court, a British chemical company on a Trademark infringement matter over a N30,000,000.00 claim of a highly valued automobile product trademark.

Entertainment Law:
A.Elizabeth Idigbe 
e.idigbe@punuka.com
B.Isioma Idigbe
i.idigbe@punuka.com

Recent transactional highlights:

  • Successfully applied for pioneer status for a global music group in Nigeria.
  • Advised a renowned studio on their IP valuation and Private equity Investment into their company worth millions of Naira
  • Advised a top animation company on structuring financing for its most recent production.

Tax:
A.Nnamdi Oragwu
n.oragwu@punuka.com
B.Adekola Olawoye
a.olawoye@punuka.com

Recent transactional highlights:

  • Advised a top Nigerian bank on its assessed tax liability worth N10,627,703,919.08 
  • Advised several clients on the freezing order made on the company’s accounts by the Federal Inland Revenue Authority (FIRS)
  • Advised a global media group on tax implications on its phantom shares settlements 
  • Advised a top telecommunication company on tax treatment of offshore payments on software agreements.

  • Accounting
  • Agriculture
  • Aviation
  • Banking
  • Construction and materials
  • Consumer goods and services
  • Energy
  • Financial services
  • Government and public policy
  • Healthcare
  • Insurance
  • Investment management
  • Media
  • Oil and gas
  • Real estate
  • Transport

9A Freetown Street
Wuse II
Abuja FCT
Nigeria
 
T: +234(08)3540 3030
F: +234(01)2704 790
Einfo@punuka.com
Wwww.punuka.com

7 B.R.O Izegbu Street
G.R.A, Asaba
Delta State
Nigeria

T: +234(08)2224 9927
F: +234(01)2704 790
Einfo@punuka.com
Wwww.punuka.com