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Based on a recent article published on Marketing Week, quoting research from Carter Murray, some advertising managers employed at the top 20 biggest law firms in the UK can earn up to GBP500,000 per annum. The team advised a private equity firm on an attempted equity investment and acquisition of a commercial bank in Nigeria for a consideration of $290 million, although the bid failed in April 2014, and was acting to get a customer to run due diligence on a goal insurance company and preparing bid documents for an attempted acquisition. Fenech & Fenech Advocates is one among the leading law firms in Malta.
The team continued to win mandates off lenders and First Bank of Nigeria (FBN) and was quite active on reserve established lending (RBL) facilities and high value funding transactions in the power sector. In 2014 it was assisting the Capital Market Master Plan Committee on regulatory issues of the Commission and modernising initiatives. The firm was likewise active guiding a customer in the hotel and tourism sector as issuer on an IPO.
The team is led by two big names in the sector: Ike Oguine, who was in-house counsel at Chevron for 20 years and ended as general counsel for Chevron's Nigeria and mid-Africa company, and Gbite Adeniji, a former senior advisor in the World Bank and Aelex associate that has been heavily involved in Nigeria's gas and mining policy, regulatory and legal framework. The business has appeared on a run of punchy disputes,in defence of customers.
Highlight deals in 2013 saw the firm guiding in terms of a $750 million financing of NPDC's interests four oil mining leases by Atlantic Energy Drilling Concepts from FBN Capital and work with Trinity International to act for Azura Power West Africa to the creation of a 450MW power plant and gas sale and purchase agreement. In 2013 the company has an active practice on small to mid-cap energy deals and advised various customers in power and mid stream petroleum and gas.
Among its highlight deals, the company advised the government of Nigeria (debt management office) as issuer established July 2013 of $500 million notes due 2012 and $500 million due 2023. Another milestone saw the firm work with Clifford Chance to counsel Dangote Industries on a $3.25 billion facility for the development of a fertilizer plant and oil refinery, indicating the biggest single capital raise ever by a Nigerian corporate.
At the very very best media and company attention worldwide has focused on the absence of women lately. In the United Kingdom in 2011, a much broader discussion was started by the review of the dearth of women on boards of publicly listed businesses, by Lord Davies of Abersoch, in the progression of women in business. Initiatives for example the 30% Club enlarged the extent of calls for gender diversity to include accountancy and law firms. A beneficent paternalism was practiced by the firms.
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