Bloomfield LP

Nigeria

IFLR1000 Reviews

Financial and corporate

Bloomfield Law Practice is a boutique commercial firm in Nigeria. It was founded in 2007 in Lagos and is led by managing partner Adekunle Obebe.

Focusses / specialisms

The firm has a particular focus on energy project development work, but the firm is also very active in M&A and project finance transactions.

Key clients

In banking key clients include Guaranty Trust Bank, Milhouse Incorporated, Telford Offshore, Investec Bank, Nedbank, Nigerian National Petroleum Corporation, Purple Capital Partners, Aramex Delivery Services, Middle Band Solar One, Sterling Bank, First Bank and Stanbic IBTC Bank.

In capital markets key clients include Zomay Marine and Logistics, Emerging Capital Africa Group, CapitalTrust Asset Management and Investment, One 17 Capital, God is Good Group, Beta Venture Partners, EaziFund Capital, SME Funds Capital, Starsight Nigeria, Norinco International Cooperation and Ejovi Dredging and Marine Services.

In M&A key clients include Conoil Producing, CEU-CEEC, Optimera Energy, Ribbit Capital, Harbour Point Marine and Energy, Expand Exploration & Production, Engie Fenix Nigeria, Purple Capital Partners, Sea Transport Services Nigeria, and Mocoh Oil and Gas.

 

In project development key clients include Cosgrove Energy, Nigerian Upstream Petroleum Regulatory Commission, Nigerian National Petroleum Corporation, Expand Exploration and Production, Harbour Point Marine and Energy, Niger Delta Exploration and Production, Nigerian Gas Marketing Company, Sun Africa, eN Consulting and Consulting, Engie Fenix Nigeria, Enaro Energy and Middle Band Solar One.

Research period review: 33rd edition (2023/2024)

During the research period, the firm was active in banking, debt capital markets, M&A, project development, project finance, and restructuring and insolvency.

In banking the firm worked on loans and financings mainly asset financings on an equal mix for both lenders and borrowers in the oil and gas, banking, real estate, financial services and telecommunications sectors.

In debt capital markets the firm worked on bond, note and sukuk issues for clients in the financial services, power, and real estate sectors.

In M&A the firm worked on acquisitions, mergers and joint ventures for clients connected with shipping, real estate, energy, and financial services.

In project development the firm worked on energy projects for clients in the oil and gas sector.

In project finance the firm worked on financings for clients connected with the oil and gas, power, and technology and telecommunications.

In restructuring and insolvency the firm advised clients in the aviation, shipping, pharmaceuticals, real estate, and financial services on insolvency, corporate restructuring and financial restructuring work.

Deal highlights: 33rd edition (2023/2024)

Conoil Producing $243 million financing

Niger Delta Exploration and Production and ND Refineries $50 million financing

Purple Capital Partners N300 million acquisition of Alternative Capital Partners

Purple Real Estate Development Company N1.7 billion note issue

Trustbanc Holdings $3.9 million refinancing

 

Client Feedback: 33rd edition (2023/2024)

 

Banking

“They are diligent, innovative and fluid in reasoning. They are evolutionary in their reasoning and application of the law. Always have in-depth knowledge and are in tune with recent events or changes within their sector.”

 

Insolvency

“BLP are excellent in following up with clients and providing regular updates. They provide sound professional advice that assists clients in making safe decisions.”

 

M&A

“They are well experienced in this area of practice and have provided key legal advisory services for this transaction.”

“Apt knowledge of the capital market and legal framework.”

“The team is thorough, responsive, knowledgeable and always goes the extra mile to meet tight deadlines.”

 

Project development

“They showcased their deep knowledge of the Nigerian Petroleum Industry Act.”

 

Project finance

“They showed dedication and knowledge of relevant laws.”

“They are very thorough with their review, particularly on trans-border transactions.”

“Apt and effective legal advisory and efficient service delivery.”

 

Michael Abiiba

“Patience and professionalism.”

 

Adedoyin Afun

“He provides bespoke, strategic and valuable guidance on difficult legal issues because of his commercial nous and experience. He is also very prompt in responding to client requirements.”

“Brilliant and astute.”

“Well grounded.”

 

Ebele Folorunsho

“Reliable, smart and knowledgeable.”

“Dedicated and hard-working.”

“Shows dedication and technical know-how.”

 

Adebisi Lamidi

“Dedication.”

 

Ayodele Oni

" Deep knowledge of the Nigerian energy sector.”

“Ayodele Oni has immense knowledge and experience within the power sector.”

“He is very hands-on and willing to stretch to deliver for his clients.”

 

Peace Urherebrume

“He has a very robust understanding of contract negotiation and legal review skills.”