Olaniwun Ajayi Provides Finance Gurus from Intercontinental Rivals for London Start

Top Nigerian law company, Olaniwun Ajayi, has included a few legal professionals from firms together with White & Circumstance and Dentons to launch an office environment in London, the firm’s very first outdoors its property nation.

In a statement, the company stated finance experts, Howard Barrie, Chuks Ibechukwu and Dr. Gabriel Onagoruwa, have joined as founding associates of the new office, which the business stated furthers its system to meet shopper will need for far more streamlined cross-border lawful companies on their Africa jobs.

According to the assertion, “The business office will fortify our transactional abilities in company finance, project progress, M&A and private fairness, in enabling us to deliver the specialised English law, cross-border and transactional companies integral to lots of of the investments and bankable initiatives in Africa now.

“Barrie acts as senior spouse of the new business office and has joined the business just after pretty much four many years at Dentons in London, at first as a partner and later a advisor, prior to which he was a lover at Eversheds Sutherland and legacy company Denton Wilde Sapte. He advises govt and corporate purchasers on initiatives and their funding with a unique focus on Africa, acquiring labored on transactions in a lot more than 16 African international locations.

It extra, “Recent projects include things like advising the governing administration of Cameroon on the financing elements of the Nachtigal hydropower venture and the East African Development Bank on improvement financings in the East African Local community international locations. Ibechukwu has joined from a function as senior counsel and Africa regional guide for advisory solutions and personal equity and resources at the Global Finance Company, prior to which he expended a decade at Latham & Watkins, Allen & Overy and Cadwalader and Wickersham & Taft.

“A corporate finance expert, Ibechukwu’s observe focuses on challenge and infrastructure finance, asset finance, leveraged and acquisition finance and debt funds marketplaces. Onagoruwa, in the meantime, has joined soon after 12 several years at White & Circumstance, where by he served latterly as counsel.

“A transactional attorney specialising in energy and infrastructure assignments in Africa, his exercise focuses on advising shoppers together with nationwide and intercontinental oil companies and professional banking institutions on large-scale task financings, structured finance, investments and acquisitions.”

Olaniwun Ajayi’s Taking care of Husband or wife, Dr Tominiyi Owolabi, stated the London workplace will permit the agency, “to give initial-in-variety end-to-close lawful companies to our shoppers on initiatives in Nigeria that demand from customers significant-conclusion, specialised English law advice with cross-border transactional assist.”

He added that as the regulation firm moves to turn out to be a world law firm, the London business is, “the cornerstone for our broader worldwide progress approach and value proposition to develop our get to so that we can supply a very similar integrated solution to clients on initiatives in other jurisdictions in Africa.”

Owolabi was named as Olaniwun Ajayi’s managing pertner in September, at the very same time Wolemi Esan was produced deputy controlling companion.

The agency at present houses far more than 100 attorneys and has a few offices in Nigeria in Abuja, Port Harcourt and Lagos, as effectively as the new London place.

“Looking to Nigeria, world large Dentons agreed to blend with local follow Adepetun Caxton-Martins Agbor & Segun in April, turning into only the second international law firm right after DLA Piper to obtain a presence in Africa’s largest overall economy.

“And in January, Kofo Dosekun took around as chair of Nigerian legislation firm Aluko & Oyebode after Gbenga Oyebode, its co-founder and chair and a foremost organization figure in his individual correct, stepped down, “the statement additional.