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Babatunde Ajibade SAN

Babatunde Ajibade SAN

SPA Ajibade & CoSuite 301, SPAACO House27A Macarthy StreetLagosNigeria

National Leader

Nigeria - Arbitration 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Babatunde Ajibade SAN ranks highly among peers for his strong experience in commercial and investment treaty arbitration proceedings. 

Biography

Dr Babatunde Ajibade is the managing partner of SPA Ajibade & Co, a leading corporate and commercial law firm with offices in Lagos, Ibadan and Abuja, Nigeria.

Babatunde is a dispute resolution specialist and has substantial expertise in international commercial arbitration, especially in the fields of company law, energy law, labour law, hospitality law, real estate and investment treaty law. He has acted as counsel in both institutional and ad hoc arbitration proceedings involving complicated shareholder disputes, claims arising from alleged breaches of hotel development and management contracts, claims arising from electric power supply contracts, and real estate development contracts. He is currently coordinating an investment treaty arbitration claim against a host state. Babatunde also sits as an arbitrator in both institutional and ad hoc arbitration and is currently involved in a variety of references either as sole arbitrator, presiding arbitrator or as a co-arbitrator.

Babatunde also has extensive experience in all aspects of corporate and commercial litigation. He has prosecuted and defended numerous claims relating to corporate disputes acting on the instructions of shareholders, directors or their companies. He has also prosecuted and defended several claims on behalf of and against banks and insurance companies. He has a firm grasp of the commercial issues involved in such litigation.

Babatunde also has extensive experience in transactional corporate and commercial legal practice and has been involved in the formation, maintenance and regulation of all types of business entities in Nigeria. He has been involved in the Nigerian capital market as a solicitor in several public offers of securities and in mergers and acquisitions and was the pioneer secretary, vice chairman and is a past chairman of the Capital Market Solicitors Association. He was vice chairman of the rules and regulations sub-committee of the Securities and Exchange Commission’s capital markets committee, a member of council and vice chairman of the banking, finance and insolvency sub-committee of the Nigerian Bar Association’s section on business law.

Babatunde is a vice president of the ICC Arbitration Commission’s steering committee, a member of the ICC’s Africa Commission, a co-vice chair of the International Bar Association’s Africa Regional Forum, a director of the Lagos Chamber of Commerce International Arbitration Centre (LACIAC), a member of the LCIA’s African Users Council, a member of the Lagos Court of Arbitration and the Chartered Institute of Arbitrators (UK) Nigeria branch.

Babatunde was called to the Nigerian Bar in 1989. He obtained a LLM degree in corporate and commercial law in 1990 and a PhD in private international law in 1996, both from King’s College London. He was elevated to the rank of senior advocate of Nigeria in December 2007. He was awarded the International Practice Fellowship of the International Bar Association in Madrid in October 2009 and he became a fellow of the Chartered Institute of Arbitrators UK in January 2015.

Nigeria - Litigation 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Babatunde Ajibade SAN enjoys a stellar reputation among peers and clients for his commercial litigation practice, which covers banking, insolvency and insurance disputes. 

Biography

Dr Babatunde Ajibade is the managing partner of SPA Ajibade & Co, a leading corporate and commercial law firm with offices in Lagos, Ibadan and Abuja, Nigeria.

Babatunde is a dispute resolution specialist and has extensive experience in all aspects of corporate and commercial litigation in Nigeria. Babatunde’s area of academic specialisation is in relation to the recognition and enforcement of foreign judgments and he has handled several cases relating to this area of law in Nigeria acting on behalf of judgment creditors and judgment debtors. Aside from this area of specialisation, Babatunde has prosecuted and defended numerous claims involving a broad range of corporate and commercial disputes. He has handled inter and intra-corporate disputes acting on the instructions of shareholders, directors or their companies. He has handled securities litigation before the regular courts and before the Investments and Securities Tribunal (IST), a specialised court established for the resolution of securities disputes in Nigeria. He has prosecuted and defended several banking and insurance claims acting on behalf of banks and insurance companies and their customers and insured. He is currently handling multimillion-dollar aviation claims on behalf of the families of 27 victims of a fatal air crash that occurred in Lagos. He has also conducted public international law cases relating to breaches of international commercial and human rights before the Community Court of Justice of the Economic Community of West African States (ECOWAS), a regional court established for the ECOWAS region. Babatunde has also handled intellectual property claims arising from infringements of trademarks and copyright as well as disputes relating to real estate and succession. He has a firm grasp of the commercial issues involved in all such litigation.

Babatunde also has substantial expertise in international commercial arbitration, especially in the fields of company law, energy law, labour law, hospitality law and investment treaty law. He has acted as counsel in arbitration proceedings and also sits as an arbitrator.

Babatunde was the pioneer secretary, vice chairman and is a past chairman of the Capital Market Solicitors Association. He was vice chairman of the rules and regulations sub-committee of the Securities and Exchange Commission’s capital markets committee, and vice chairman of the banking, finance and insolvency sub-committee of the Nigerian Bar Association’s section on business law, where he remains a member of council. 

Babatunde is a vice president of the ICC Arbitration Commission’s steering committee, a member of the ICC’s Africa Commission, a co-vice chair of the International Bar Association’s Africa Regional Forum, a director of the Lagos Chamber of Commerce International Arbitration Centre (LACIAC), a member of the LCIA’s African Users Council, a member of the Lagos Court of Arbitration and the Chartered Institute of Arbitrators (UK) Nigeria branch. 

Babatunde was called to the Nigerian Bar in 1989. He obtained a LLM degree in corporate and commercial law in 1990 and a PhD in private international law in 1996, both from King’s College London. He was elevated to the rank of senior advocate of Nigeria in December 2007. He was awarded the International Practice Fellowship of the International Bar Association in Madrid in October 2009 and he became a fellow of the Chartered Institute of Arbitrators UK in January 2015.

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