Festus Onyia
Nigeria
Udo Udoma & Belo-Osagie
St Nicholas House
Catholic Mission Street
Lagos, Nigeria
Tel: +234 1 2774920
Email:
estus.onyia@uubo.org
Web:
www.uubo.org
He has trained as an international commercial arbitrator with several Nigerian and international arbitration institutions, including the Chartered Institute of Arbitrators (UK) and the International Chamber of Commerce (ICC) in Paris, where he attended the Advanced PIDA Training in International Commercial Arbitration.
Festus has acted as counsel in both ad hoc and institutional arbitrations, including under the Rules of Arbitration of the ICC. He has advised on issues of Nigerian law for determination in matters before foreign courts and arbitration tribunals. He has extensive hands-on experience in arbitration, litigation and transactions, and recently represented a client at the Community Court of Justice of the Economic Community of West African States (ECOWAS) in a claim for compensation and damages in excess of $700 million for alleged oil spillage and gas flaring.
In addition, he has represented several international drilling companies in tax disputes at the Tax Appeal Tribunal, Federal High Court, and Court of Appeal in respect of a dispute arising from additional tax assessments in the sum of $40 million (approximately) and involving the issue of whether recharges to their Nigerian support companies and/ or subsidiaries are allowable deductions from their turnovers for the purposes of computation of tax under the Companies Income Tax Act (CITA).
Festus is recognized by the Legal 500 for his experience with high value commercial arbitrations. He was a member of the International Task Force appointed by the ICC Commission on Arbitration and ADR on the Revision of the ICC Rules as Appointing Authority in UNCITRAL and other Ad Hoc Proceedings. He is a member of the Editorial Board of the Nigerian Tax Law Report, and was in April 2019 appointed as the Alternate Chairman of the Energy and Power Committee of the Nigerian Institute of Chartered Arbitrators for a two-year term.
Festus is a thought leader in his core practice areas, with articles published in multiple issues of reputable international journals such as The European, Middle Eastern and African Arbitration Review; The Middle Eastern and African Arbitration Review; International Financial Law Review Dispute Resolution Guide; Chambers International Arbitration Country Practice Guide; Dealmakers Africa; The Gravitas Review of Business and Property Law, and Nigerian Tax Law Review.
The firm’s litigation, arbitration and alternative dispute resolution team provides a full complement of services to clients across all our practice areas. Such services include representation before courts, arbitration, mediation and other tribunals, due diligence reviews, portfolio audits, acting as counsel in court- regulated transactions and the drafting and review of local and cross border transaction agreements.
Members of this dynamic team also routinely support and advise our international law firm peers on Nigerian law matters and have been called upon to act as expert witnesses on a number of occasions in the Courts of the United Kingdom and United States of America.
The wealth of experience of this vibrant team is vested in its members, many of whom are not only qualified barristers and solicitors but arbitrators, mediators and conciliators with practical experience in a diverse range of corporate and commercial matters.
Members of the Litigation, Arbitration and Dispute Resolution team have written extensively on commercial litigation and arbitration issues as well as several papers on Nigerian environmental law and arbitration.
Aviation |Banking & Finance |Business Establishment & Corporate Immigration |Capital Markets |Company Secretarial Services |Competition |Compliance & Investigations |Corporate Advisory |Dispute Resolution |Employment |Intellectual Property |Mergers, Acquisitions & Restructuring |Oil & Gas |Power, Infrastructure & Projects |Private Equity |Real Estate |Tax |Telecommunications, Media & Technology.
We believe that our culture, and the diverse backgrounds, skills, insights, experience in other fields, and “hands-on” collaborative approach of our teams, have all contributed to our recurrently high independent peer and client rankings, which are underscored by what is currently one of the highest ratios of internationally recognised partners – and practice areas – per firm in the Nigerian legal market.