Who's Who Legal
Who's Who Legal
New to Who's Who Legal?
New to Who's Who Legal?
Menu
User Menu
New to Who's Who Legal?
Funke Adekoya SAN

Funke Adekoya SAN

AÉLEX4th Floor, Marble House 1 Kingsway RoadFalomo, PO Box 52901Ikoyi, LagosNigeria

Global Leader

Arbitration 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Funke Adekoya SAN is hailed “one of Nigeria’s very best” when it comes to handling both domestic and international arbitration disputes. ​

Biography

’Funke Adekoya heads the arbitration practice group at ǼLEX. ǼLEX is a full-service law firm with offices in Lagos, Port-Harcourt, Abuja in Nigeria, and Accra, Ghana.

She acts as counsel and arbitrator in domestic and international arbitration proceedings, recently acting as co-counsel with a London-based firm to represent international oil companies in an arbitration dispute in the upstream energy sector. The arbitration resulted in a partial award in their favour of over US$1 billion, which is currently being contested in the Nigerian courts on the basis of arbitrability. The resulting litigation (in which she is appearing) will determine for the first time, the extent to which a dispute that impacts on tax computations is considered arbitrable by the Nigerian courts. She has most recently represented an international oil company in an arbitration in respect of an equity re-determination process involving several international oil companies. She also assists and advises offshore counsel in foreign arbitration proceedings on issues of Nigerian law.

With 45 years’ experience in commercial dispute resolution, she is frequently appointed to arbitral tribunals, either as sole or party appointed arbitrator conducting proceedings under the rules of the ICC, ICSID, UNCITRAL and LMAA. Arbitrations in which she has been involved range from disputes arising from gas sales agreements, oil rig supply contracts to joint ventures in construction and real estate.

Her most recent appointments as arbitrator include investor-state disputes in the agro-allied, electricity and mining sectors brought under either a BIT or the UNCITRAL Rules.

Funke is listed on various panels, including the ICSID chairman’s panel of arbitrators; those of CIETAC, the Kigali International Arbitration Centre, the Lagos Regional Centre for International Commercial Arbitration and the panel of neutrals of both the Lagos Multi-Door Court House and the Nigerian Communications Commission.

Her memberships include the London Court of International Arbitration African Users Council and the Cairo Regional Centre for International Commercial Arbitration where she sits on the board of Trustees. She is also a member and past vice president of the governing council of International Council for Commercial Arbitration, in addition to being a past vice president of the ICC Court of Arbitration.

Funke is a fellow and has achieved chartered arbitrator status at the Chartered Institute of Arbitrators, London and has served as the chair of its Nigerian branch. She was a founding board member of the Lagos Court of Arbitration.

She has been invited to conduct arbitration training courses in Accra, Ghana and Kigali, Rwanda and is a regular speaker on arbitration law and practice both within and outside Nigeria.

She holds an LLM from the Harvard Law School (1977) and was elevated to the rank of Senior Advocate of Nigeria (SAN) in 2001.

Litigation 2020

Professional Biography

WWL Ranking: Global Elite Thought Leader

WWL says

'Funke Adekoya is an "outstanding lawyer" who is "extremely knowledgeable and professional" and excels in oil and gas, energy, joint venture and real estate disputes.

Biography

'Funke heads the dispute resolution practice group at AÉLEX. AÉLEX is a full-service law firm with offices in Lagos, Port Harcourt, and Abuja in Nigeria, and Accra, Ghana.

With over 40 years' experience in commercial litigation and corporate dispute resolution, she leads a team that advises clients extensively in the area of commercial and corporate litigation as well as business insolvency and reorganisation. 'Funke also appears regularly before the High Courts, tax appeal tribunals and the appellate courts in which capacity she represents both Nigerian-based and offshore clients. She is frequently appointed to arbitral tribunals, either as sole or party-appointed arbitrator.

She also assists and advises offshore counsel on issues of Nigerian law and has appeared as an expert witness or provided expert legal opinions on Nigerian substantive and procedural law matters before courts in England, the United States of America and Turkey.

She is representing a major estate development company in a multibillion-naira claim with respect to the company's reclamation of a prime real estate situate in Lagos State. She also represented a Russian conglomerate in an action for conspiracy and tortious interference with the bid process of a Nigerian aluminium company, and is defending a South African retail merchandiser and its local subsidiary in a claim for breach of contract, loss of economic opportunity, and economic interference with a contract.

'Funke is listed on various arbitration panels, including those of the Chartered Institute of Arbitrators, the International Centre for Dispute Resolution (ICDR) energy arbitrators list, the London Court of International Arbitration African users council, the Lagos Regional Centre for International Commercial Arbitration and the panel of neutrals of both the Lagos Multi-Door Court House and the Nigerian Communications Commission. She is a fellow and has achieved chartered arbitrator status at the Chartered Institute of Arbitrators, London and has served as the chair of its Nigerian branch. She is also a board member of the Lagos Court of Arbitration.

In addition to her appointments as a member of the World Bank group sanctions board, and as a vice president of the ICC Court of Arbitration, she was elected a member of the governing council of International Council for Commercial Arbitration.

'Funke is recognised as a "leading individual" with "experience, knowledge and a strong court presence" by Legal 500 EMEA (2015).

She holds an LLM from the Harvard Law School (1977) and was elevated to the rank of Senior Advocate of Nigeria (SAN) in 2001.

National Leader

Nigeria - Arbitration 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Funke Adekoya SAN is “very well regarded” as a leading light in Nigeria for international arbitration. 

Biography

’Funke Adekoya heads the arbitration practice group at LEX. LEX is a full-service law firm with offices in Lagos, Port-Harcourt, Abuja in Nigeria, and Accra, Ghana.

She acts as counsel and arbitrator in domestic and international arbitration proceedings, recently acting as co-counsel with a London-based firm to represent international oil companies in an arbitration dispute in the upstream energy sector. The arbitration resulted in a partial award in their favour of over US$1 billion, which is currently being contested in the Nigerian courts on the basis of arbitrability. The resulting litigation (in which she is appearing) will determine for the first time, the extent to which a dispute that impacts on tax computations is considered arbitrable by the Nigerian courts. She has most recently represented an international oil company in an arbitration in respect of an equity re-determination process involving several international oil companies. She also assists and advises offshore counsel in foreign arbitration proceedings on issues of Nigerian law.

With 45 years’ experience in commercial dispute resolution, she is frequently appointed to arbitral tribunals, either as sole or party appointed arbitrator conducting proceedings under the rules of the ICC, ICSID, UNCITRAL and LMAA. Arbitrations in which she has been involved range from disputes arising from gas sales agreements, oil rig supply contracts to joint ventures in construction and real estate.

Her most recent appointments as arbitrator include investor-state disputes in the agro-allied, electricity and mining sectors brought under either a BIT or the UNCITRAL Rules.

Funke is listed on various panels, including the ICSID chairman’s panel of arbitrators; those of CIETAC, the Kigali International Arbitration Centre, the Lagos Regional Centre for International Commercial Arbitration and the panel of neutrals of both the Lagos Multi-Door Court House and the Nigerian Communications Commission.

Her memberships include the London Court of International Arbitration African Users Council and the Cairo Regional Centre for International Commercial Arbitration where she sits on the board of Trustees. She is also a member and past vice president of the governing council of International Council for Commercial Arbitration, in addition to being a past vice president of the ICC Court of Arbitration.

Funke is a fellow and has achieved chartered arbitrator status at the Chartered Institute of Arbitrators, London and has served as the chair of its Nigerian branch. She was a founding board member of the Lagos Court of Arbitration.

She has been invited to conduct arbitration training courses in Accra, Ghana and Kigali, Rwanda and is a regular speaker on arbitration law and practice both within and outside Nigeria.

She holds an LLM from the Harvard Law School (1977) and was elevated to the rank of Senior Advocate of Nigeria (SAN) in 2001.

Nigeria - Litigation 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Funke Adekoya SAN is “an esteemed litigator among peers”, renowned for her significant experience representing clients before all Nigerian courts. 

Biography

’Funke Adekoya heads the dispute resolution practice group at AELEX. AELEX is a full-service law firm with offices in Lagos, Port-Harcourt, Abuja in Nigeria, and Accra, Ghana.

Since being admitted to the Nigerian Bar in 1975, she has brought her 45 years of legal and commercial experience to advising clients on the mode of dispute resolution most appropriate to their dispute.

The firm’s client base comprise domestic entities, international and multi-national corporations as well as high-net worth individual clients in the energy, healthcare, transportation, digital technology, fintech and retail sectors and where litigation has been instituted, she has led the team in defending them in both domestic and cross-border contractual disputes, shareholder and joint venture disputes and claims arising out of offshore corporate restructuring.

Funke has been involved in a variety of high value, high profile litigations before the courts. In one of her recent wins, she successfully persuaded the courts to accept the validity of a foreign jurisdiction clause in a terminated joint venture agreement, thereby bringing an end to the dispute in Nigeria. The claim was for an alleged breach of intellectual property rights and an account of profits from a subsequent contract with the Nigerian government. In addition to resisting enforcement of a worldwide Mareva injunction against the Oil Mining Lease assets of a client by the successors in title to a judgment creditor claiming over US$1billion, she is currently representing a retail chain distributor in an alleged breach of a joint venture agreement which is going through the court system. She also presently represents a universally recognised publisher of academic works for an alleged negligent misstatement in one of its published materials.

She holds an LLM from the Harvard Law School (1977) and was elevated to the rank of Senior Advocate of Nigeria (SAN) in 2001.

Law Business Research
Law Business Research Ltd
Meridian House, 34-35 Farringdon Street
London EC4A 4HL, UK
© Law Business Research Ltd 1998-2020. All rights reserved.
Company No.: 03281866