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Punuka Attorneys & Solicitors

Address:
Plot 45 Oyibo Adjarho Street
Off Ayinde Akinmade Street
Off Admiralty Way
Lekki Phase 1
Lagos
Nigeria
Website:
Tel:
+234 1 270 4789
Fax:
+234 1 270 4790

Punuka Attorneys & Solicitors is a fully integrated and multi-dimensional business law practice with over 60 years of combined experience, and is reputed for its quality service to clients both locally and internationally. We have a culture of excellence and are committed to achieving optimal and sound results for our highly diversified clients. With core practice in dispute resolution; corporate and commercial law; energy and natural resources; government regulatory matters; banking, capital market and project finance, and intellectual property and entertainment law, we bring our knowledge and specialist skills in these areas to bear on every job. The firm is a member of Lawyers Associated Worldwide (LAW), a global network of nearly 100 independent law firms located in more than 50 countries around the world. The state of reciprocity is such that we are able to extend to our clients the benefits of our membership of this esteemed body to assist them whenever their cross-border transactions touch on those jurisdictions where our correspondents and member firms operate.

The firm represented a client in the transportation section in an arbitration over shares valuation and company ownership issue with over 2.5 billion naira in contention.

The firm has continued to maintain a prominent position on capital market issues. Our senior partner, Chief Anthony Idigbe, SAN was a founding member and first chairman of the Capital Market Solicitors Association (CMSA) and we are counsel to the Securities and Exchange Commission (SEC) and represent the Commission on both contentious and non-contentious matters, including a suit worth over 150 million naira bordering on the exercise of the Commission’s regulatory powers on issues bordering on corporate governance.

In the area of banking and project finance, the firm currently represents several Nigerian banks in wide-ranging transactions, including acting as legal counsel to one of Nigeria’s foremost financial institutions in respect of a judgment valued at over 5.2 billion naira; acts as legal counsel to one of Nigeria’s foremost banks in respect of a 76 million naira lawsuit filed against the bank on account of illegal debits and excess interest rates; is currently representing a bank in an alleged tort action arising from a banker/customer relationship with claim of damages amounting to 2 billion naira; and represented a client in a debt recovery litigation arising out of an unsuccessful project finance transaction worth over 2 billion naira. We are also advising a bank of international repute on a debt equity swap worth over US$100 million.

On insolvency and restructuring, we acted as solicitors and legal advisers to a foremost manufacturing company in negotiating and restructuring the company’s outstanding indebtedness to a consortium of banks, valued at about 19 billion naira; acted as legal advisers to a construction company (under receivership) by negotiating and restructuring the company’s outstanding indebtedness to a financial institution, valued at over 980 million naira; and represented three telecommunication companies who are creditors to NITEL in the process of recovery of debt worth over 16 billion naira owed to them following the winding-up of NITEL. We also represent a client in a 2.4 billion naira suit related to the restructuring of a Nigerian Bank and claims of securities fraud. We act as Nigerian solicitors to a foreign client and give advice on dispute arising from default in repayment of a syndicated loan facility worth US$150 million.

Also, we are acting as legal counsel to a government regulatory agency in respect of a 1.7 billion naira compensation suit filed against the Commission.

On intellectual property/entertainment, we currently represent a client in a suit related to copyright infringement concerning a film production. Also, we are currently handling an intellectual property content verification service for a multinational telecommunications company. The content verification service consists of analysing 10,000 items in the form of short-skit videos and contracts from content providers to ensure that the company is not infringing on the intellectual property rights of third parties.

Our job is to provide our clients with expert advice and specialist skills, and to put our experience and judgement at their disposal. Our commitment is to achieve optimal and sound results and to provide cost effective and accurately tailored solutions. As a business-oriented law firm, we work round the clock to beat deadlines and produce rapid results.

Each of the firm’s members also belongs to one or more of the following bodies: the Nigerian Bar Association; the International Bar Association; the Association of Independent Petroleum Negotiators (AIPN); the Chartered Institute of Arbitrators United Kingdom; the Business Recovery and Insolvency Practitioners of Nigeria (BRIPAN); INSOL international; the Capital Market Solicitors Association; the Association of Professional Negotiators and Mediators; the International Trademark Association (INTA); the International Chamber of Commerce Nigeria; the Nigerian-South African Chamber of Commerce; the Nigerian-American Chamber of Commerce; and the Nigerian-British Chamber of Commerce, among others.

Address

Punuka Attorneys & Solicitors

Plot 45 Oyibo Adjarho Street

Lekki Peninsula Phase 1

Lagos, Nigeria.

Contact

Tel: +234 1 270 4789

Fax:  +234 1 270 4790

Email: info@punuka.com 

Website: www.punuka.com 

Partners:

Anthony Idigbe, SAN (Senior Partner), Elizabeth Idigbe (Managing), Nnamdi Oragwu, Okorie Kalu and Ebele Enedah.

Languages Spoken:

English, French and major Nigerian languages.

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W11 1QQ, UK