Technology, Media & Digital Economy
Cutting-edge legal services for technology companies, media organizations, and digital economy businesses navigating innovation, regulation, and growth.
We support our Clients with:
Notable Experience
Fintech Securitisation Financings
Advised and acted on behalf of multiple fintechs on the negotiation and closing of senior structured securitisation financings of over $250 million, from international investors.
Venture Capital Transactions for Technology Companies
Advised and acted on behalf of multiple tech companies and venture capital investors, in connection with the drafting, negotiation and closing of multiple venture capital investments, including Series A & B Financings.
Nigerian Market Entry for Fintech Unicorn
Advised a leading fintech unicorn on market entry into Nigeria, including regulatory compliance, obtaining all necessary licenses, and establishing local operations in accordance with Nigerian legal and commercial frameworks.
Insights & Updates
Anton Piller Orders - A Powerful Tool to Protect your Intellectual Property
When an employee or vendor steals your intellectual property or another company monetises your trademarks, patent or intellectual property rights, without your consent, one of the legal strategies that can be used to checkmate such illegal activity is to get an Anton Piller order from the courts
ChatGPT - Some Legal Considerations for Users
This legal update summarises some of the legal issues that may arise from the use of ChatGPT. What is ChatGPT? In simple terms, the Chat Generativ...
Is Web Scraping Illegal in Nigeria?
This legal update highlights some key legal issues for web scraping companies in Nigeria, based on a recent client engagement.
Do you need to file a Defensive Trademark? What are the Rules for Filing Defensive Trademarks in Nigeria
One of the more consistent intellectual property management strategies that global brands deploy to prevent a dilution of their trademarks and to increase the value of their trademarks is to file a Defensive Trademark. If you are thinking about preventing dilution and increasing the value of your trademark, you should consider filing a Defensive Trademark
Avoiding Permanent Establishment Risk - Nigeria's New Dependent Agents Rule
Presidential Order 5 has thrown up an array of contracting structures between local promoters and foreign OEMs and partners looking to bid for government contracts. These contractual arrangements are increasingly subject to litigation both from a taxation point of view and from the standpoint of counterparty liability and risk. Nigeria wholly consumes foreign technology, and as such, it is expected that such collaborations will continue.
Conducting Layoffs in Tech Start-ups: What are the Rules for Nigerian Layoffs?
Layoffs are always going to be a tough decision for management but may also become necessary for the survival of an employer’s business. Depending on the factors giving rise to a management decision to conduct a layoff exercise..
409A Valuation: What is it? Why is it necessary and When would you need one?
As a tech founder, there are generally two types of company valuations that you would be involved with during the life of your startup. The first and the more common one is the venture investment valuation.
What is a Permanent Establishment? Do you Have One?
If a foreign business has a Nigeria permanent establishment (PE) then the profits of the business that are attributable to that PE, either directly or indirectly, are chargeable to Nigeria tax.
New Digital Money Lender Regulations in Nigeria: Some Legal Issues
Nigeria’s consumer protection regulator, the FCCPC, recently published a Limited Interim Regulatory/Registration Framework for Digital Lending (“Regulation”)[1] with the intent to regulate digital lenders in Nigeria.
Our Fundraising Round is Taking Longer Than Usual. What Options Do We Have?
If you are fundraising and your fundraising round is taking longer than usual, you may be heading towards a down round. In this update, we conclude that, whats key is for founders is to (a) think outside the box and not assume that venture capital is the only financing option available to them (b) review corporate strategy. Here are some options you may want to bear in mind, before considering a down round
What is a Down Round Financing? How Will a Down Round Financing Impact VCs & Founders?
What is a down round financing and how will it affect you? Tech start-ups and VCs often work with the assumption that the price of the shares sold in a later financing round will be higher than the price of shares sold in an earlier round.
Why Do I Need a Legal Opinion & Why is My Series A Investor Asking For One?
If you are raising a Series A Financing (or any priced equity around), US venture capital firms will typically ask you to provide a legal opinion, as one of the closing conditions for a venture capital financing.