Alfred Olufemi
🏅Roving Reporter| Covering legal business @lawdotcom| 2024 @JschofieldTrust fellow| Ex: @MobilePunch, @PremiumTimesng| ✍️ @Guardian,@AjEnglish,@ScidevNet|⚽️LFC
Articles
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1 week ago |
law.com | Alfred Olufemi
“The immediate consequence of this regime coming into force has been that some civil courts in Barcelona and Madrid have become flooded by lawsuits precisely aimed at trying to avoid having to go through the ADR proceeding,” a Uría Menéndez partner said.
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2 weeks ago |
law.com | Alfred Olufemi
A prolonged legal battle over an $11 billion arbitration award involving Nigeria and two British lawyers appears to have finally come to an end in London’s Court of Appeal this week, revealing extensive bribery and corruption involving Nigerian officials and leading to the award’s annulment. Mishcon de Reya, Nigeria’s legal representative, said the ruling affirms the finality of the 2023 lower court judgment and closes the doors on further challenges.
Lawyers Get More Time to Comply with South Africa’s 50% Black Ownership Policy As Court Battle Looms
2 weeks ago |
law.com | Alfred Olufemi
Norton Rose Fulbright, Webber Wentzel and other firms who must comply with South Africa’s 50% Black ownership policy have been given a 12-month grace period to comply with the new rules but their court challenge is expected to proceed none-the-less. The Legal Sector Code on Broad-Based Black Economic Empowerment (B-BBEE) aims to redress racial imbalances in the legal profession but one of the key criticisms of the policy has been the lack of a transition period given to law firms.
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2 weeks ago |
law.com | Alfred Olufemi
Silver Kayondo was already a partner at Uganda’s Ortus Advocates when he joined White & Case’s Dubai office in 2022 through an international secondment program that has run for nearly two decades. Still, the experience was transformative. At White & Case, the 34-year-old worked across the debt finance, technology, regulatory, and Africa practice groups, even supporting client work for global companies such as Meta.
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3 weeks ago |
law.com | Alfred Olufemi
A&O Shearman is advising Morocco on a $2 billion arbitration case filed by British potash exploration company Emmerson at the International Centre for Settlement of Investment Disputes (ICSID), the latest in a series of high-profile legal mandates for the kingdom. London-listed Emmerson is suing Morocco after its Khemisset Potash Project in Northern Morocco was blocked over environmental concerns.
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