Firm News – Alliance Law Firm https://alliancelawfirm.ng We are a Full service Law Firm Wed, 16 Nov 2022 15:15:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 https://alliancelawfirm.ng/wp-content/uploads/2022/10/cropped-cropped-ALF-LOGO-ICON-32x32.png Firm News – Alliance Law Firm https://alliancelawfirm.ng 32 32 Alliance Law Firm’s Managing Partner, Uche Val Obi SAN, FCARB, ChMC will be Chairing the 2022 Hybrid Annual Conference Planning Committee – November 2022 https://alliancelawfirm.ng/alliance-law-firms-managing-partner-uche-val-obi-san-fcarb-chmc-will-be-chairing-the-2022-hybrid-annual-conference-planning-committee-november-2022/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firms-managing-partner-uche-val-obi-san-fcarb-chmc-will-be-chairing-the-2022-hybrid-annual-conference-planning-committee-november-2022 Wed, 16 Nov 2022 15:15:58 +0000 https://alliancelawfirm.ng/?p=21294 We are pleased to announce that our Managing Partner, Uche Val Obi SAN, FCARB, ChMC will be Chairing the 2022 Hybrid Annual Conference Planning Committee, hosted by The Nigerian Institute of Chartered Arbitrators (NICArb). This year’s conference themed “The Future of Arbitration and ADR in Africa: Developments & Sustainability” will focus on the means and strategies to be deployed to enable Arbitration and ADR in Africa to gain further traction in dispute resolution, by leveraging the unrivalled opportunities and advantages that accompany the use of 21 Century Digital Technologies in world-class arbitration practice. In the same vein, the Conference will review emerging world trends alongside their nexus and impact on Arbitration and ADR in Africa.

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Alliance Law Firm wins Media and Entertainment Team of the Year at The 2022 Esquire Legal Awards https://alliancelawfirm.ng/alliance-law-firm-wins-media-and-entertainment-team-of-the-year-at-the-2022-esquire-legal-awards/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firm-wins-media-and-entertainment-team-of-the-year-at-the-2022-esquire-legal-awards Thu, 10 Nov 2022 16:44:32 +0000 https://alliancelawfirm.ng/?p=20264 We are glad to announce that Alliance Law Firm won the Media and Entertainment Team of the Year at the 2022 My ESQ Legal Awards. The firm also made the final shortlist in the following categories:

  1. Banking and finance
  2. Capital Market
  3. Dispute Resolution and
  4. Insolvency

The recognition accorded to the firm and our staff is simply a testament to our dedication towards excellence in the service of our clients and the overall public course. We appreciate the clients who have partnered with us over the years, while we are also excited over the promise of limitless possibilities that abound in the coming future.

Below is an image gallery highlighting the event in pictures:

From left to right – Samuel Ngwu, Albert .A. Adu, Joshua Akhator, Sir Isaac Uche Obi, Blessing Ajunwo-Choko, ESQ representative & Rita Jude
From left to right – Joshua Akhator, Sir Isaac Uche Obi, Blessing Ajunwo-Choko and ESQ representative

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Alliance Law Firm Wins Banking & Finance Team Of The Year ESQ Nigerian Legal Awards 2019 https://alliancelawfirm.ng/alliance-law-firm-wins-banking-finance-team-of-the-year-esq-nigerian-legal-awards-2019/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firm-wins-banking-finance-team-of-the-year-esq-nigerian-legal-awards-2019 Sun, 07 Nov 2021 15:54:21 +0000 https://alliancelawfirm.ng/?p=20090

The 2019 edition of the Nigerian Legal Awards held in Lagos, with a host of legal luminaries across the country being recognised.

The Awards which is convened by ESQ Legal Blitz, a platform projecting the achievements of legal players within Nigeria’s business law community, took place on Friday, November 1, 2019.

At the Awards ceremony, which held at the Landmark Event Centre in Lagos, Vice President, Yemi Osinbajo was “recognized for his invaluable contribution to improving the nation’s economy and the development of business law in Nigeria.

Similarly, Senior Vice-President and General Counsel of World Bank Group, Dr Sandie Okoro was recognized for her “tremendous contribution to the development of diversity and inclusion in the global legal community.”

Some of this year’s award categories included: Law Firm of the Year (large, mid & small practice), Managing Partner of the Year, Banking and Finance team of the year, Oil and Gas, Dispute Resolution, Private Equity, Real Estate and Construction, Capital Market, Intellectual Property, Shipping and Transport, Media and Entertainment, among others.

The award reflects superiority in key transactions, practice areas, and achievements over a period of time, including notable work, strategic growth, excellence in client service, and contribution to the legal profession at large.

Alliance Law Firm was recognised as the winner of the Banking & Finance Team of the year.

The event was well attended by all and sundry across the Nigerian corporate and Governmental community.

Below are pictures taken during the event:

During the presentation of the award; L-R Angela Yusuf, Dr. Jude Odinkonigbo, Albert Adu, Simeon Okoduwa, Blessing Ajunwo-Choko, Oscar Onyeama, Uche Val Obi SAN, Onye Rumuna & Mike Ajaegbo

Red carpet photo session of the members of Alliance Law Firm Team

L-R; Mike Ajaegbo, Dr. Jude Odinkonigbo, Blessing Ajunwo-Choko, Simeon Okoduwa, Uche Val Obi SAN, Onye Rumuna, Albert A. Adu, Angela Yusuf & Doyin Fadare

Alliance Law Firm, proud winner of the Banking & Finance Team of the year (2019) ESQ Award

Doyin Fadare, Alliance Law Firm’s Associate, with the ESQ award

Uche Val Obi SAN, Managing Partner, Alliance Law Firm, receiving the ESQ Award of the Banking & Finance Team of the year

Uche Val Obi SAN, Managing Partner, Alliance Law Firm, during a red caret interview session at the ESQ Legal Awards 2019

A Cross section of the Alliance Law Firm Team Member in a photoshoot with the award

L-R; Blessing Ajunwo-Choko, Executive Associate & Associate, Onye Rumuna; taking a picture with the award

ESQ Nigerian Legal Award, Banking & Finance Team of the year

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Alliance Law Firm wins Banking and Finance Team of the year and Dispute Resolution Team of the year at The 2021 Esquire Legal Awards https://alliancelawfirm.ng/alliance-law-firm-wins-banking-and-finance-team-of-the-year-and-dispute-resolution-team-of-the-year-at-the-2021-esquire-legal-awards/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firm-wins-banking-and-finance-team-of-the-year-and-dispute-resolution-team-of-the-year-at-the-2021-esquire-legal-awards Sun, 07 Nov 2021 13:55:21 +0000 https://alliancelawfirm.ng/?p=19940

We are pleased to announce that on Sunday, November 7, 2021, Alliance Law Firm was distinguished at the 2021 edition of the ESQ Awards. The Firm was the recipient of the following prestigious awards:

  1. Banking and Finance Team of the Year
  2. Dispute Resolution Team of the Year

We are equally pleased to announce that this is the second consecutive year that the firm is winning Banking and Finance Team of the Year award.

In addition to the firm’s awards, our Practice Director, Ebele Iyayi was nominated for the Practice Administrator of the Year category, while our Senior Associate, Blessing Ajunwo-Choko, was also nominated for the 40 under 40 Rising Star Awards category.

The recognition accorded to the firm and our staff is simply a testament to our dedication towards excellence in the service of our clients and the overall public course. We appreciate the clients who have partnered with us over the years, while we are also excited over the promise of limitless possibilities that abound in the coming future.

Below is an image gallery highlighting the event in pictures:

The Alliance Law Firm team collecting their award as the Banking & Finance Team of the year

From left to right – Mrs. Ella Obi, The Managing Partner, Alliance Law Firm; Uche Val Obi SAN and Mr. Yakubu Maikyau SAN

From left to right – Barr. Vanessa Obi, The Managing Partner, Alliance Law Firm; Uche Val Obi SAN and his wife, Barr. Ella Obi

From left to right – Bernard Esan, Iyayi Ebele, Isaac Uche Obi, Mrs. Ella Obi & the Managing Partner, Uche Val Obi SAN

The Managing Partner, Alliance Law Firm; Uche Val Obi SAN

The Managing Partner, Alliance Law Firm; Uche Val Obi SAN

The Managing Partner, Alliance Law Firm; Uche Val Obi SAN and his wife, Barr. Ella Obi receiving the award of the Banking & Finance Team of the Year, presented by Ibrahim Obanikoro

The Managing Partner, Alliance Law Firm; Uche Val Obi SAN and his wife, Barr. Ella Obi receiving the award of the Banking & Finance Team of the Year, presented by Ibrahim Obanikoro

The Alliance Law Firm team collecting their award as the Banking & Finance Team of the year

From left to right – Uche Val Obi SAN, Vanessa Obi, Benard Esan, Ugo Lynda Ezike, Mrs. Ella Obi, Mrs. Ebele Iyayi & Mr. Isaac Uche Obi, receiving the award for The Dispute Resolution Team of the Year

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Alliance Law Firm’s Managing Partner, Uche Val Obi, SAN, speaks about Firm Operations and Technology at the MSI Virtual EMEA Regional Conference – MAY 2021 https://alliancelawfirm.ng/alliance-law-firms-managing-partner-uche-val-obi-san-speaks-about-firm-operations-and-technology-at-the-msi-virtual-emea-regional-conference-may-2021/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firms-managing-partner-uche-val-obi-san-speaks-about-firm-operations-and-technology-at-the-msi-virtual-emea-regional-conference-may-2021 Tue, 25 May 2021 14:35:24 +0000 https://alliancelawfirm.ng/?p=19995

Our Managing Partner, Uche Val Obi, SAN, was one of the speakers at the prestigious and widely attended May 2021 MSI Virtual EMEA Regional Conference, which had a boastful attendance of several firms and practitioners from across the globe, where he gave insights and made impactful contributions at the breakout sessions on Firm Operations and Technology, especially in the light of the COVID 19 pandemic which nearly destabilized the world economy.

The Managing Partner spoke about how Alliance Law firm, like many other law firms, was affected by the harsh realities that came with the pandemic, and how through strategic leadership, planning and innovation weathered the bad only to be rewarded with better. Despite the inevitable challenges that came with the pandemic, the firm still emerged relatively unscathed as its staff salaries and productivity remained strong and efficient.

He also heaped commendations on Alliance law Firm’s IT department (the team leader won the staff of the year award for the year 2020) as it showed its prowess and efficiency by ensuring the continued connectivity of staff across the country and abroad throughout the challenging period. The team also helped greatly in stabilizing the operations of the firm through the deployment of IT infrastructure and knowledge at its disposal. Thus, it turned out that technology was a life-saver that assisted those who invested in it.

The key takeaways from the discussions include:

  • The need for investment in human capital development, IT infrastructures and systems.
  • The need for proper planning and disaster management strategies.
  • Adaptability and diversification in firm operations.
  • The need to build capacity in remote working, e-learning and other modern working tools.
  • Constant engagement with clients, especially in these trying times.
  • Team communications must be encouraged and improved upon.
  • Delegation of functions.
  • Management must be suitably accommodating to issues arising from COVID 19.
  • There need for compassion in relationship with clients (clients should be assured that we are in this together, and we are ready to help them get through things in the best and most cost-effective way possible) in order to sustain relationships and build integrity.

You can watch the sessions here on our YouTube page (Video contents courtesy of MSI Global Alliance)

Breakout Session 6 – Firm Operations.

This session captured the essence of how firms have successfully adjusted their operations for today’s environment. The question of how firms and their clients managed crises during the Covid-19 was deliberated upon.

Breakout Session 1 – Technology

This session hinged on whether technology improved and continues to improve the efficiency and productivity of firms. Also the question of whether firms were safe from this technology and ready for its use were answered.

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ALAN 2020 First Quarter Learning Session: “Law Firm Project Management & Facility Management” https://alliancelawfirm.ng/alan-2020-first-quarter-learning-session-law-firm-project-management-facility-management/?utm_source=rss&utm_medium=rss&utm_campaign=alan-2020-first-quarter-learning-session-law-firm-project-management-facility-management Sun, 08 Nov 2020 15:23:18 +0000 https://alliancelawfirm.ng/?p=20039

On February 22, 2020, our Practice Director; Mrs. Ebele Iyayi ACIPM delivered a presentation on Law Firm Project Management & Facility Management during the first quarterly learning session of the Association of Law Firms Administrators of Nigeria (ALAN), in 2020. The training which was titled “Law Firm Practice Management: Our significant Role” and it held at Banwo & Ighodalo offices at Ikoyi, Lagos State.

Ebele Iyayi stressed that Legal Project Management was a vital key to profitability, cost containment and process improvement. she further explained the five stages of Legal Project Management and noted that each stage was vital to the success of any project.

The stages are: –

  • Initiation (Pre-planning) Stage
  • Planning Stage
  • Execution Stage
  • Monitoring and Control Stage
  • Evaluation Stage (Project Close)

On Facility Management, she explained that it is very important for Organisations, Institutions and Individuals to take the professional management discipline of Facility Management with utmost seriousness in order to ensure functionality, comfort, safety and efficiency of the organizations’ facilities which affects the people, place, process and technology. It improves the quality of life of the people and productivity of the core business. Facility Management can be outsourced based on the size of the facility, number of sites, complexity, expertise and costs. If you must outsource, you must control the external providers.

Other topics delivered at the session were: attracting and retaining talent, performance management; billing as a driver of profitability/the art of billing; and business development: Law Firm lead generation tools, technology as a driver of revenue growth.

In conclusion, the session was well attended and highly impactful one.

Below are photo images of the ALAN 2020 first quarterly learning session learning session.

Ebele Iyayi during her presentation titled “Law Firm Project Management & Facility Management”

Ebele Iyayi during her presentation titled “Law Firm Project Management & Facility Management”

facilitators at the training session

cross section view of participants and ALAN members

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Alliance Law Firm holds Free Webinar titled “Critical Assessment Of The Nigerian Government’s Tax/Fiscal Palliatives To Ease The Burdens Of Covid-19 On Businesses” https://alliancelawfirm.ng/alliance-law-firm-holds-free-webinar-titled-critical-assessment-of-the-nigerian-governments-tax-fiscal-palliatives-to-ease-the-burdens-of-covid-19-on-businesses/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firm-holds-free-webinar-titled-critical-assessment-of-the-nigerian-governments-tax-fiscal-palliatives-to-ease-the-burdens-of-covid-19-on-businesses Sun, 08 Nov 2020 15:17:46 +0000 https://alliancelawfirm.ng/?p=20033

The devastating effects of this pandemic have led to the collapse of business entities and the lockdown of economies. Governments of the world are trying all possible avenues to ease these effects.

The Nigerian government is not left out in taking measures. Kindly join our Webinar on May 21, 2020, by 12:30 PM West Africa Time (WAT) where we would be discussing the: CRITICAL ASSESSMENT OF THE NIGERIAN GOVERNMENT’S TAX/FISCAL PALLIATIVES TO EASE THE BURDENS OF COVID-19 ON BUSINESSES.

Click the link to register: https://bit.ly/2WCaE4v

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VIRTUAL PROCEEDINGS – PROS AND CONS https://alliancelawfirm.ng/virtual-proceedings-pros-and-cons/?utm_source=rss&utm_medium=rss&utm_campaign=virtual-proceedings-pros-and-cons Fri, 03 Jul 2020 15:06:47 +0000 https://alliancelawfirm.ng/?p=20025

In continuation of the Firm’s Digital Dialogue Series, the Firm held a Webinar on 3rd July, 2020 from 2:00pm – 4:00pm via the Zoom conferencing platform.

 

Mr. Uche Val Obi, SAN the Managing Partner, Alliance Law Firm, was the host/moderator. The richly resourced panel consisted eminent jurists, scholars, and legal luminaries drawn from Nigeria and abroad. The attendees included Justices of the Court of Appeal, Federal High Court, State High Courts and the National Industrial Courts. Also, in attendance were litigation lawyers including Senior Advocates of Nigeria (SANs), academics, law officers, law makers, and in-house Counsel.

 

The panelists were; Honourable Justice John Tsoho(Chief Judge of the Federal High Court)   ably represented by the Honourable Justice Inyang Ekwo,  Mrs. Funke Adekoya, SAN (Partner, AELEX), Professor Fidelis Oditah, QC, SAN (Principal Partner, Oditah & Co.), Mr. Kemi Pinheiro, SAN (Principal, Pinheiro LP), Mr. Abiodun Owonikoko, SAN (Managing Partner, Synergy Attorneys) and  Mr. Yash Kulkarni, QC (Partner, Quadrant Chambers, London).

 

Mr. Obi SAN, kicked of the webinar with an opening remark followed by a brief introduction of the panelists who also made their opening preliminary comments on the theme of the webinar “Virtual Proceedings – Pros and Cons”.

 

In his opening comments, Honorable Justice Ekwo, expressed the view that adopting new method of conducting proceedings understandably came with it challenges and initial rejection from some angles. Reference was made to the introduction of electronic evidence and how that was initially met with some degree of resistance, until legislative intervention led to the passage of the Evidence Act, 2011. He submitted that, after considering the paralyzing impact of the corona virus (“covid 19”) pandemic on the judiciary’s ability to dispense justice, the Chief Judge had responded by issuing a new Practice Direction in May 2020 titled “Practice Directions 2020 for the Covid 19 period”. He noted that although this was triggered by the pandemic, it presents a catalyst for advancement of justice delivery system leveraging technology and innovations already seen in other spheres of human activities and other arms of government.

 

Mrs. Funke Adekoya SAN, in her opening remarks clarified the point that the phrase “Virtual Hearing” was synonymous with “Online Hearing” which is a term preferable in the arbitration palace. She said that online or virtual proceedings are largely used to resolve most pre – hearing issues in arbitrations and other forms of ADR. She further said that in most arbitrations were oral testimonies are dispensed with, virtual hearings could be used all the way. She further added that in instances where physical hearings are not practicable due to location or condition of witnesses or the disruptions occasioned by the Covid 19 pandemic, virtual, online or remote hearings have been deployed satisfactorily.

 

In his preliminary contribution on the jurisprudential context of Virtual Proceedings, Professor Oditah QC, said that Virtual proceedings could be located on the need to ensure that justice must be served expeditiously to meet universal norms instead of allowing undue delays to creep in. He said that the pros must identified the upsides and the merits inherent in the procedure while the cons would identify the challenges and mitigants to the problems that would not compromise the ends of justice.

 

 Mr. Kemi Pinheiro, SAN in his opening submission, stated that the expected take home for attendees of the webinar should be anchored on the following questions;

  • What is the Court perceived to be, “a place or a service”?
  • How come Nigeria ranks 72 out of 126 in the Criminal Law Index of the World Justice System?
  • How come we still have about 52, 000 inmates awaiting trials in our correctional services while Indonesia has been able to free 25,000 inmates within the past few months through Virtual Proceedings?
  • How come Singapore has been able to start and conclude Criminal Trials of 219 Defendants within 2 months while Nigeria still lags behind?
  • Why do we continue to bicker and argue when the conservatory wisdom and the preponderance of opinions are that we should go virtual”?

 

Mr. Owonikoko, SAN in his opening remarks described “Virtual Proceedings” as the remote or online hearing of cases as opposed to physical hearing. He noted that although its introduction might seem largely novel in the Nigerian jurisdiction, Arbitration and ADR platforms as well as mainstream litigation in most advanced countries and emerging states had made good use of this procedure and facility to move judicial proceedings forward.

 

Mr. Kulkarni QC, in his preliminary comments said that his appreciation of the theme is in alignment with most of the views expressed but added that the theme is popular as there will be increasing usage of virtual proceedings across the globe hence the need for each jurisdiction to brace up to its institutionalization.

 

In response to the question on the Constitutionality and legality of Virtual Proceedings and the Practice Direction made in that regard by the Federal High Court, Mr. Pinheiro, SAN then addressed the five questions earlier posed by him in his introductory remarks. When considering the legality of Virtual Proceedings, Sections 254 (f), 259 and 274 CFRN 1999(As Amended), expressly delegated powers to the Heads of Courts to make directions on procedural matters related to such courts and as such the Practice Directions introducing the adoption of virtual proceedings are constitutional as the powers to enact same were clearly delegated by the Constitution. In addition, Section 36 CFRN 1999(As Amended), only mandated that proceedings be heard publicly of which virtual proceedings would still be in compliance with that section 36 CFRN 1999(As Amended), as such proceedings would be open to the attendance of the public. In concluding Mr. Pinheiro, SAN expressed the view that, “if we do not change, change will change us and we will be left behind”.

 

In his contribution to a similar question on constitutionality and legality of Virtual Proceedings in the context of highly contentious cases like criminal and electoral matters , although agreeing  that virtual hearings had become necessary,  Mr. Owonikoko SAN ,expressed some reservation as to the general applicability and  efficacy of virtual hearings bearing in mind that legal technicalities continue to represent an obstacle in the wheel of justice under the  Nigerian Judicial system   and that the Supreme Court was yet to make a pronouncement on the constitutionality of virtual hearings; and  therefore cautioned that implementation of virtual hearings in all Courts of the Federation should be approached measuredly and cautiously. Consequently, while he did not totally disagree with the adoption of virtual hearings, Mr. Owonikoko SAN was of the opinion, that  the adoption of virtual hearings should be limited to non-contentious matters and other forms of proceedings that do not require oral evidence,  such as Rulings, Judgments, proceedings that can be resolved by affidavit evidence (such as Originating Applications, interim or interlocutory Motions, Fundamental Human Rights applications, Judicial Review applications, and Appeals before the Courts, etc. He advised that this cautious approach should be adopted pending a pronouncement on its constitutionality or legality by the Supreme Court citing the recent decision of the Supreme Court declaring some sections of the Administration of Criminal Justice Act as unconstitutional in its recent controversial judgment in the appeal against the conviction of Governor Orji Uzor Kalu’s case. He wondered the devastation that would be suffered if such a decision is delivered by the apex Court affecting matters conducted virtually.

 

Justice Ekwo informed the webinar that Courts had partnered with United Nations Office on Drugs and Crimes (UNODC) on virtual proceedings especially on taking evidence from prison inmates and also, that experts on that field are collaborating with the courts had already been positioned in readiness for virtual proceedings. Thus, it was expected that virtual proceedings on such criminal matters would be operational immediately after Judges’ vacation this year. Participation in virtual proceedings regarding such criminal matters currently is not mandatory but nevertheless available for willing parties. Regarding the difficulties lawyers experienced with the electronic filing system already provided in the Rules and practice Directions of the Federal High Court, Justice Ekwo suggested that the Nigeria Bar Association (NBA) formally engaged the Federal High Court to discuss modalities for effective implementation of the electronic filing system and virtual proceedings.

 

Mrs. Adekoya, SAN agreed to the point that technological issues could and do arise in the course of virtual hearings, however they were not insurmountable. Issues like, conduct of trials, taking of evidence (oral, documentary, electronic, and visits to locus in quo) were discussed with the submission that virtual trial is suitable for taking oral, documentary and electronic evidence if well planned and executed, because certain advanced devises such as 360 degrees cam coder can detect if only the witness is in the room thereby eliminating the chance of a third party being present to guide or tutor the witness while they are testifying. She further stated that hyperlinked documents can be uploaded and projected on the screens for all to see and follow during cross-examination and re-examination. She submitted further that going by her experience as a chartered arbitrator who has compared virtual and physical testimonies of witnesses, the former brings out a more revealing and lasting impression of the witnesses, as virtual testimonies can be viewed over and over and at closer ranges.

 

In his submission on the roles of stakeholders to make Virtual Proceedings work in Nigeria, Professor Fidelis Oditah QC, SAN, identified the stakeholders to include Judges, Lawyers, Litigants, Registry officials, the correctional centers, and witnesses amongst others, and noted that there must be a concerted effort to make virtual proceedings work. He recommended efficient case management driven by lawyers, narrowing down of issues at proceedings, implementing efficient E-Filing regime of court processes, lawyers and the court upgrading their ICT infrastructure and readiness. He calls for higher ethical standards of professionalism and for lawyers to refrain from clogging judicial proceedings with frivolous applications.

 

Drawing from his wide experience virtual hearings from several jurisdictions, Mr. Yash Kulkarni QC noted that virtual hearings could save time and cost for the parties thereby improving and expediting the delivery of justice. Nevertheless, he noted that virtual hearings were not without their problems especially the technological hitches and other practical challenges.

 

To ensure a technological hitch free virtual hearing season, Mr. Yash Kulkarni QC suggested that the following be in considered: –

  • Platforms like Microsoft Teams, zoom with sufficient bandwidth and good computer systems should all be in place before the commencement of virtual proceedings to ensure smooth hearings.
  • There must be a test-run with all parties and all should agree on tendering of documents before commencement.
  • Issues between parties must be well considered and agreed upon before hearing and parties should pay close attention to their Written addresses.

 

At the end of the Webinar, a survey was undertaken and the result showed as follows:

  • 99% of the webinar participants were left satisfied and highly impressed with the quality of the webinar including faculty and delivery, while just 1% was unsatisfied.
  • 98% of the participants voted for the implementation of virtual proceedings.
  • Over 85% of participants are litigation lawyers and judges;
  • Participants with experience levels of 10 year and above accounted for 65% of participants while those with less experience load accounted for less than 35% of the participants.

 

The panelists and participants expressed their gratitude to the Federal High Court and Alliance Law Firm for putting the webinar together at this period of Covid 19 pandemic that had occasioned unprecedented disruptions; while the host on behalf of himself, the Board of Partners and Management of Alliance Law Firm expressed gratitude to the Chief Judge of the Federal High Court , Hon. Justice John Tsoho, and his representative, Hon Justice Inyang Ekwo; other panelists, Justices of the Court of Appeal and  Judges of the superior Courts present for facilitating the webinar; other esteemed participants and members of the press for their active participation at the webinar, promising to make the video recording of the event available to participants and other stakeholders in the justice delivery stem of Nigeria.

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Alliance Law Firm Moves Court Of Appeal To Affirm Sec’s Oversight Powers Over The Board And Management Of Public Companies In Nigeria https://alliancelawfirm.ng/alliance-law-firm-moves-court-of-appeal-to-affirm-secs-oversight-powers-over-the-board-and-management-of-public-companies-in-nigeria/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firm-moves-court-of-appeal-to-affirm-secs-oversight-powers-over-the-board-and-management-of-public-companies-in-nigeria Mon, 11 Nov 2019 08:49:18 +0000 https://alliancelawfirm.ng/?p=20547

Alliance Law Firm has successfully moved the Court of Appeal of Nigeria to affirm the powers of Securities And Exchange Commission (SEC) to oversight the operations of public companies in Nigeria. In a landmark judgment delivered on 31st January, 2019, the appellate court constituted by three man panel unanimously reversed the ruling of the Federal High Court, presided over by Hon. Justice I. Idris which had earlier set aside its interim orders in favour of the Commission. In the recent case of SECURITIES AND EXCHANGE COMMISSION V. BIG TREAT PLC, CA/L/88/2011, the appellate court in the Judgment delivered by JOSEPH SHAGBAOR IKYEGH, J.C.A held at page 23 as follows:

“having registered with the appellant as dealer in securities or issuer of securities in the capital market ,the 1st respondent ‘s specific role of issuer of securities in the capital market makes the 1st respondent subject to the rules and the authority of the appellant under the I.S.A which is entitled by Section 13(v) of the I.S.A, in particular ,to intervene in the management and control of capital market operators in distress or which the appellant considers has failed ,is failing or in crisis by doing whatsoever the appellant deems necessary to arrest the drift for the protection of investors in the capital market.

The Court of went further to hold that-

“In conclusion, I most respectfully hold that the court below should not have vacated the interim preservative orders made by it to protect the imminent collapse of the 1st Respondent but the Appellant who at all material times was exercising statutory powers under the ISA to stem the tide of decay in the internal management of the 1st Respondent…”

Mr. Uche Val. Obi SAN, Managing Partner of Alliance Law Firm who doggedly prosecuted this appeal on behalf of SEC had described the judgment as a judicial clarification and affirmation of the provisions of ISA, 2007, particularly S. 13(v), which statutorily empowers SEC as the apex regulator of the Nigerian capital market, to guarantee the protection of investors, maintain a fair, efficient and transparent market in Nigeria; describing the powers granted to the Commission under its enabling Act as comparable to that exercisable by the Central Bank of Nigeria, under the Banks and Other Financial Institutions Act, under which the CBN could to dissolve and replace boards of earring banks in Nigeria.

This landmark judgment which represents the current position of the law on the subject matter has been widely reported in both local and international media.

Alliance Law Firm represented SEC at both the lower and appellate Courts.

Fred Obiejesi, Senior Associate, Alliance Law Firm

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Alliance Law Firm Shows Mettle In Energy, Oil & Gas Practice Area https://alliancelawfirm.ng/alliance-law-firm-shows-mettle-in-energy-oil-gas-practice-area/?utm_source=rss&utm_medium=rss&utm_campaign=alliance-law-firm-shows-mettle-in-energy-oil-gas-practice-area Mon, 11 Nov 2019 08:44:19 +0000 https://alliancelawfirm.ng/?p=20541

NICN/LA/611/2012 – PETER YINKORE & 73 ORS V. NECONDE ENERGY LTD & S.P.D.C.

In one of the biggest labour related matters with a claim of almost N71, 465,258,143.00 from about 74 Claimants in Nigeria, the National Industrial Court, Lagos division has come to a conclusion that employee making a claim in an employment or labour case has the burden of proving his entitlement to the claim and the quantum of his claim in terms of how he came by the said claim. To prove an entitlement, the employee must refer the Court to the exact provisions of the law, instrument or document that conferred that entitlement. To prove the quantum of sums claimed, the rule regarding proof of special damages must be adhered to because the claims for entitlements and/or benefits, being monetary sums is a claim for special damages and must be claimed specifically and proved strictly.

Alliance Law Firm represented the 1st Defendant, Neconde Energy Limited. The Claimants instituted the action against the 1st Defendant for alleged breach of Contract of employment on the ground that there is a guaranteed two years employment for them and as such they are entitled to the sum of N71, 465,258,143.00 collectively as their salaries and emoluments for two years, notwithstanding the fact the Claimants’ employment were terminated three months after their employment. The 1st Defendant argued that the claims of the Claimants are not backed up by any contractual agreement between the parties as the instrument that regulate their relationship is their contract of employment and no more. The 1st Defendant further argued that Courts are not allowed to make or re – write agreements between the parties or to change their agreement as made. Where a document is clear and the wordings of any agreement are free from ambiguity in themselves, the only duty of the Court is to interpret those clauses written in contractual document in their simple and ordinary grammatical meaning.

The Claimants also claimed against the 2nd Defendant, SPDC to pay to the claimants the Selected Voluntary Severance Package benefits being 14% to 35% of their annual basic salary for the period left un-served up to a maximum of 25 years of their tenure of employment which should continue until they are sixty years old.

In a well considered judgment, the court dismissed the entire claims of the Claimants against the Defendants for lacking in merit on the ground that there was no clause in their employment contract guaranteeing the Claimants two years employment.

Social media content – Alliance Law Firm is happy to have represented Neconde Energy Limited in the instant case where the Court held that the entire reliefs sought by the over 100 claimants in the largest labour claim in Nigeria lacked merit and subsequently dismissed their suit.

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