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Babatunde Sodipo

Ajumogobia & Okeke

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Position: Partner
Rating:
  • Notable practitioner
Bar Admissions:
Nigeria
Jurisdictions:
Languages:
English
Biography

Babatunde A. Sodipo is a Partner in Ajumogobia & Okeke, with over thirty years’ post-call experience. He is the head of the Dispute Resolution and Arbitration Group and also provides transactional advice on corporate commercial matters. He specialises in product liability, environmental law, employment law, intellectual property, real estate and shipping

Recent transactional highlights
  • Advised a multinational IT company in the USD$4.9 million leasing of office space in a multi-storey LEED certified commercial development in Ikoyi. Reviewed and negotiated the terms of the deed of lease and undertook perfection thereof.
  • Advised the U.K. branch of a German investment bank as lead arranger and agent bank to a consortium of foreign investment banks and financial institutions, and rendered a legal opinion on the documentation for the USD$460 million limited recourse financing of the construction and acquisition of four liquefied natural gas carriers to be chartered by Nigeria LNG Limited. 
  • Advised a multinational company and an international finance organization in a USD$30 million cross- border financing of a medium scale loan facilities scheme aimed at providing working capital and capital investment funds for local contractors in Southern Nigeria through a Nigerian Bank.
  • Advised a French telecommunications multinational for the provision of documentation for a proposed USD$265million crude oil pre-export financing facility and Equipment supply arrangement for a Nigerian telecommunications Company and its associated companies. 
  • Advised on the restructuring and private acquisition from the Central Bank of Nigeria of a former State Government-owned Nigerian bank by a consortium of three Nigerian banks and a Nigerian financial institution by the purchase of over 3,000,000,000 (Three Billion) ordinary shares (and a proposed debt/equity conversion) for the generation of about N2.5 billion required for the re-capitalisation of the bank.
Practice areas
  • Banking
  • PPP/PFI
  • Private equity
  • Project finance
  • Real estate finance
  • Restructuring and insolvency
Sector specialisations
  • Banking
  • Consumer goods and services
  • Oil and gas
  • Real estate
  • Shipping
Bar admissions
  • Nigeria
Association memberships
  • Nigerian Bar Association, International Bar Association and Chartered Institute of Arbitrators (UK)
Academic qualifications
  • L.L.B. (Hons.), University of Ife, (1987)
  • B.L. (Hons.), Nigerian Law School, Lagos, (1988)
  • LL.M. University of Lagos, (1997)
Address:
Lagos
Tel:+234 1 463 7436 Email:Contact this practitioner Website:http://www.ajumogobiaokeke.com